Cochlear Dividend yield

 Price  271.49
 Dividend  3.01
 Earnings  4.85
 Cash-flow  5.51
 Book value  26.62
 Equity  26.08

Cochlear is part of Health Care Equip. and Services business, which is part of Health Care industry. Cochlear is a company from Australia, and his stocks are publicly traded.

Cochlear stock dividend

Cochlear paid a total dividend of 199 million AUD last year, for a market value of 17,918 millions (Market Cap 17,396 millions). Cochlear dividend per share is 3.01 AUD, and his stock market price 271.49 AUD.

According to the chart below, where dividend yield is displayed, Cochlear has a dividend yield of 1.11%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Cochlear stocks dividend with other Health Care Equip. and Services companies or other of the best Australia dividend stocks list.

Dividend yield of Cochlear

Cochlear Dividend Payout

About the ability of Cochlear to maintain his current dividend of AUD 3.01 per share, an amount that accounts for 1.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cochlear payout on ernings is currently 62.06%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Cochlear can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Cochlear is AUD 5.51 per share, which is higher than the dividend per share paid by the company of AUD 3.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cochlear, compared againt world market average, Australia companies, Health Care industry and Health Care Equip. and Services sector companies.

Cochlear payout

Cochlear Dividend History

Below you will find a table with the historical evolution of Cochlear's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  AUD  Paypout  Shares* 

*In millions

Then you can see the evolution of Cochlear dividend stock, and compare it with the average of Australia stocks and that of the Health Care Equip. and Services stocks.

Cochlear stock dividend history

Cochlear Stock performance

Finally, last moth Cochlear showed a return of 13.50% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 26.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Health Care Equip. and Services firms.

Cochlear stock and market return