Cochlear Dividend yield




   AUD/share 
 Price  210.97
 Dividend  2.74
 Earnings  -3.29
 Cash-flow  -2.40
 Book value  21.31
 Equity  16.21

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

Cochlear paid a total dividend of 181 million AUD last year, for a market value of 13,924 millions (Market Cap 13,499 millions). Dividend per share of Cochlear is 2.74 AUD, and his stock market price 210.97 AUD.

According to the chart below, where dividend yield is displayed, Cochlear has a dividend yield of 1.30%, which is lower than the amount offered by the market average , but bigger than Health Care industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Cochlear dividend yield with other Health Care Equipment and Services companies or firms from Australia.

Dividend yield of Cochlear

Cochlear Dividend Payout

About the ability of Cochlear to maintain his current dividend of AUD 2.74 per share, an amount that accounts for 1.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cochlear payout on ernings is currently -83.28%, which is lower than the market average and companies of Health Care industry, which are 38.16% and 28.74% respectively. Both figures lead us to believe that there is confidence that Cochlearcan maintain his current dividend.

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 -2.40 per share, which is lower than the dividend per share paid by the company of AUD 2.74, so the company does not generate 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 Equipment and Services sector companies.

Cochlear payout

Cochlear Dividend History

Year Yield  AUD  Paypout  Shares* 
Present1.30%2.74-83.28%66
20201.77%3.35-101.82%66
20191.47%3.3065.22%58
20181.73%3.0064.94%58
20171.58%2.7166.10%57
20161.94%2.3064.79%57
20152.01%1.9069.34%57

*In millions

Cochlear Stock performance

Finally, last moth Cochlear showed a return of -0.20% compared to a worldwide 4.25% average, and a 3.06% of Health Care firms. Over the last year, the company obtained a 12.50% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Australia and Health Care Equipment and Services firms.

Cochlear stock and market return