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Cochlear Soars with 30% Dividend Increase

Australian hearing implant manufacturer, Cochlear, has announced a nearly 30% increase in its dividend after reporting a 35% jump in first-half profit. The company's strong financial results exceeded expectations and indicate strong demand for its hearing implants. Analysts expect the market to respond positively.

by Mark Eisenberg
Mon, Feb 19, 2024 3:36am
in Business
• 1 min read
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Cochlear Soars with 30% Dividend Increase | FinOracle
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Cochlear Hikes Dividend Almost 30% After Strong Profit Growth

Australian hearing implant manufacturer, Cochlear, has announced a nearly 30% increase in its dividend after reporting a 35% jump in first-half profit thanks to robust sales performance. The company's strong financial results exceeded analysts' expectations.

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