CooperCompanies Declares Cash Dividend

Rhea-AI Summary

CooperCompanies (NYSE: COO) has declared a semi-annual dividend of 3 cents per share, set to be paid on February 9, 2021, to stockholders recorded by January 22, 2021. This decision aligns with the company's strategy of providing annual dividends, reflecting its commitment to shareholder returns. Cooper operates through two main units: CooperVision and CooperSurgical, focusing on vision care and women's health, respectively. With over 12,000 employees and products available in over 100 countries, CooperCompanies continues to grow in the medical device industry.

Positive

• Declared semi-annual dividend of 3 cents per share, enhancing shareholder returns.
• Company demonstrates commitment to regular dividend payments.
• Strong operational framework with two business units: CooperVision and CooperSurgical.

Negative

• None.

SAN RAMON, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) -- CooperCompanies (NYSE: COO), announced today that consistent with the plan approved by its board of directors to pay annual dividends, the Company declared a semi-annual dividend of 3 cents per share, payable on February 9, 2021, to stockholders of record on January 22, 2021.

About CooperCompanies
CooperCompanies ("Cooper") is a global medical device company publicly traded on the NYSE (NYSE:COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact lens wearers and providing focused practitioner support. CooperSurgical is committed to advancing the health of women, babies and families with its diversified portfolio of products and services focusing on medical devices and fertility & genomics. Headquartered in San Ramon, CA, Cooper has a workforce of more than 12,000 with products sold in over 100 countries. For more information, please visit www.coopercos.com.

Contact:
Kim Duncan
Vice President, Investor Relations and Risk Management
925-460-3663
ir@cooperco.com

FAQ

What is the amount of the dividend declared by CooperCompanies (COO)?

CooperCompanies has declared a dividend of 3 cents per share.

When will the dividend for COO be paid?

The dividend will be paid on February 9, 2021.

What is the record date for the dividend payout of COO?

The record date for the dividend payout is January 22, 2021.

What are the business units of CooperCompanies?

CooperCompanies operates through CooperVision and CooperSurgical.

In how many countries are CooperCompanies' products sold?

CooperCompanies' products are sold in over 100 countries.