CochlearCHEOF 60 Dividend Yield % is 3.85% as of Jun. 26, 2026, which is 181% above its 10-year median of 1.37. GuruFocus rates CHEOF with a GF Score™ of 60/100 and a GF Value™ of $219.48 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 327 Medical Devices & Instruments companies, Cochlear ranks better than 79.51% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Cochlear is 3.85%.
The historical rank and industry rank for Cochlear's Dividend Yield % or its related term are showing as below:
CHEOF'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.46 Med: 1.37 Max: 4.41
Current: 3.85
During the past 13 years, the highest Dividend Yield of Cochlear was 4.41%. The lowest was 0.46%. And the median was 1.37%.
CHEOF's Dividend Yield % is ranked better than 79.51% of 327
companies
in the Medical Devices & Instruments industry
Industry Median: 1.97
vs CHEOF: 3.85
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cochlear Ltd is 0.82, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Cochlear was 0.82. The lowest was 0.23. And the median was 0.66.
During the past 12 months, Cochlear's average Dividends Per Share Growth Rate was 4.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 12.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 25.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cochlear was 51.80% per year. The lowest was -25.70% per year. And the median was 14.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
The historical data trend for Cochlear's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHEOF vs ABT, SYK, MDT: Dividend Yield % Comparison
For the Medical Devices subindustry, Cochlear's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cochlear Dividend Yield % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cochlear's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Cochlear's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Cochlear Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 2.150000
2026-03-19
2026-03-20
2026-04-13
Cash Dividend
semi-annually
AUD:USD 0.701754
AUD 2.150000
2025-09-18
2025-09-19
2025-10-13
Cash Dividend
semi-annually
AUD:USD 0.659631
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Cochlear's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.92697775
/
75.55
=
3.87 %
Current Share Price is $75.55. Cochlear's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.92697775.
Cochlear's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
3.0175422
/
75.55
=
3.99 %
Current Share Price is $75.55. Cochlear's Dividends per Share for the forward twelve months is calculated as $1.5087711 * 2 = $3.0175422.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cochlear (CHEOF) has a Dividend Yield % of 3.85% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Cochlear and its competitors. This is 181% above median its historical median of 1.37. Over the past decade, Cochlear's Dividend Yield % has ranged from 0.46 to 4.41. According to the industry distribution chart, Cochlear ranks #67 out of 327 companies in the Medical Devices & Instruments industry, placing it in the top 20.5%.
Is Cochlear's Dividend Yield % too high?
Cochlear's current Dividend Yield % of 3.85% is 181% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 4.41. The Medical Devices & Instruments industry median Dividend Yield % is 1.97. Cochlear's value of 3.85% is 95.4% above this industry median. Based on the distribution chart, Cochlear ranks #67 out of 327 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Cochlear has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cochlear's Dividend Yield % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cochlear ranks #67 out of 327 companies for Dividend Yield %. This places Cochlear in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 1.97. Cochlear's value of 3.85% is 95.4% above this benchmark. Historically, Cochlear's own Dividend Yield % has ranged from 0.46 to 4.41 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.97, Cochlear has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Medical Devices & Instruments company?
The median Dividend Yield % among Medical Devices & Instruments companies is 1.97, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cochlear's current Dividend Yield % of 3.85% is 95.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Cochlear and its competitors. For the Medical Devices & Instruments industry, the median Dividend Yield % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochlear's current Dividend Yield % is 3.85%, which is 181% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cochlear stock overvalued right now?
Based on GuruFocus' analysis, Cochlear (CHEOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $219.48, compared to a current price of $75.55 — trading 65.6% below its estimated fair value. The current Dividend Yield % is 3.85%, which is 181% above median its 10-year median of 1.37 and 95.4% above the Medical Devices & Instruments industry median of 1.97. Cochlear's overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Cochlear (CHEOF), the current Dividend Yield % is 3.85% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cochlear (CHEOF) Overvalued in 2026?
Based on GuruFocus' analysis, Cochlear stock appears to be undervalued.
The current stock price of $75.55 is trading 65.6% below its estimated GF Value™ of $219.48.
GuruFocus considers Cochlear to be Significantly Undervalued.
Key valuation signals for CHEOF:
Dividend Yield %: 3.85% (181% above median its 10-year median of 1.37)
GF Value™: $219.48 vs. price of $75.55 (65.6% below fair value)
Industry Position: 95.4% above the Medical Devices & Instruments median (#67 of 327)
No single metric tells the full story. See the CHEOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cochlear is the leading cochlear implant device manufacturer, with around 60% global market share. Developed markets contribute 80% of group revenue, where cochlear implants are the standard of care for children with severe-to-profound hearing loss. The company also actively targets the growing cohort of seniors in developed markets. Tender-oriented emerging markets contribute the remaining 20% of group revenue. Main products include cochlear implants, bone-anchored hearing aids, and associated sound processors. In fiscal 2025, 49% of revenue came from the Americas, 34% from Europe, the Middle East, and Africa, and 18% from the Asia-Pacific segment.
60GF Score
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