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Cochlear’s big first half delivers record earnings and dividend

Ben Potter
Ben PotterSenior writer

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Cochlear declared a record interim dividend thanks to strong growth for its core hearing implants and related services.

The Sydney-based maker of hearing implants and acoustic devices said it suspended a long-term share buyback launched at the time of last year’s interim report because higher interest rates are delivering bumper earnings on its half-billion-dollar cash pile.

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Ben Potter writes on energy, climate change and innovation, and has been Washington correspondent, opinion editor and companies editor. Connect with Ben on Twitter. Email Ben at bpotter@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/cochlear-s-big-first-half-delivers-best-dividend-in-a-decade-20240208-p5f3dd