Cohen & Steers, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Cohen & Steers (NYSE:CNS) has declared a cash dividend of $0.45 per share for Q1 2021, payable on March 18, 2021. This represents a 15.4% increase from the previous dividend of $0.39 per share. Stockholders of record as of March 8, 2021 will receive the dividend. Founded in 1986, Cohen & Steers is a leading global investment manager focusing on liquid real assets, including real estate securities, infrastructure, and natural resources.

Positive

• Quarterly dividend increased by 15.4% from $0.39 to $0.45 per share.
• Confidence in sustained income generation for shareholders.

Negative

• None.

NEW YORK, Feb. 25, 2021 /PRNewswire/ -- The Board of Directors of Cohen & Steers, Inc. (NYSE:CNS) has declared a cash dividend for the first quarter of 2021 in the amount of $0.45 per share of common stock payable March 18, 2021 to stockholders of record as of the close of business on March 8, 2021. The quarterly dividend rate represents a 15.4% increase over the previous quarterly dividend rate of $0.39 per share of common stock.

About Cohen & Steers
Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

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SOURCE Cohen & Steers, Inc.

FAQ

What is the dividend amount declared by Cohen & Steers for Q1 2021?

Cohen & Steers declared a cash dividend of $0.45 per share for Q1 2021.

When is the dividend payment date for Cohen & Steers?

The dividend is payable on March 18, 2021.

What was the previous dividend amount before the increase?

The previous dividend amount was $0.39 per share.

Who is eligible to receive the dividend from Cohen & Steers?

Stockholders of record as of March 8, 2021, are eligible to receive the dividend.