Cochlear Limited (ASX:COH) Insider Michael del Prado Acquires 117 Shares

Cochlear Limited (ASX:COH) insider Michael del Prado acquired 117 shares of Cochlear stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of A$169.21 ($107.78) per share, for a total transaction of A$19,798.04 ($12,610.22).

Michael del Prado also recently made the following trade(s):

• On Friday, August 18th, Michael del Prado acquired 147 shares of Cochlear stock. The stock was bought at an average price of A$166.50 ($106.05) per share, for a total transaction of A$24,475.06 ($15,589.21).

Cochlear Price Performance

The company has a quick ratio of 1.93, a current ratio of 2.36 and a debt-to-equity ratio of 11.54.

Cochlear Increases Dividend

The company also recently declared a Final dividend, which was paid on Tuesday, October 10th. Stockholders of record on Tuesday, October 10th were given a dividend of $1.75 per share. This is a positive change from Cochlear’s previous Final dividend of $1.45. This represents a dividend yield of 0.66%. The ex-dividend date of this dividend was Sunday, September 17th. Cochlear’s dividend payout ratio (DPR) is currently 76.92%.

Cochlear Company Profile

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. Cochlear Limited was founded in 1981 and is headquartered in Sydney, Australia.