Dig Howitt Sells 10,982 Shares of Cochlear Limited (ASX:COH) Stock

Cochlear Limited (ASX:COH) insider Dig Howitt sold 10,982 shares of Cochlear stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of A$285.20 ($187.63), for a total value of A$3,132,077.38 ($2,060,577.23).

Dig Howitt also recently made the following trade(s):

• On Friday, September 13th, Dig Howitt sold 2,314 shares of Cochlear stock. The stock was sold at an average price of A$288.92 ($190.08), for a total value of A$668,560.88 ($439,842.68).

Cochlear Price Performance

The company has a debt-to-equity ratio of 13.24, a quick ratio of 1.93 and a current ratio of 2.30.

Cochlear Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Wednesday, October 9th. Stockholders of record on Wednesday, October 9th were issued a dividend of $2.10 per share. This represents a dividend yield of 0.72%. The ex-dividend date was Monday, September 16th. This is a positive change from Cochlear’s previous Final dividend of $1.75. Cochlear’s dividend payout ratio (DPR) is presently 77.35%.

About Cochlear

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. The company was founded in 1981 and is headquartered in Sydney, Australia.