Cohen & Steers, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Cohen & Steers (NYSE: CNS) has declared a cash dividend of $0.57 per share for the first quarter of 2023, marking a 3.6% increase from the previous quarter's dividend of $0.55. This dividend is scheduled for payment on March 16, 2023 to stockholders on record as of March 6, 2023. Cohen & Steers is a premier global investment manager focusing on real assets and alternative income, with its headquarters in New York City and locations in London, Dublin, Hong Kong, and Tokyo.

Positive

• Declaration of a dividend of $0.57 per share, a 3.6% increase from the previous quarter.
• Demonstrates company confidence and commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – CNS

-0.70%

-0.70% News Effect

On the day this news was published, CNS declined 0.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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NEW YORK, Feb. 23, 2023 /PRNewswire/ -- The Board of Directors of Cohen & Steers, Inc. (NYSE: CNS) declared a cash dividend for the first quarter of 2023 in the amount of $0.57 per share of common stock, representing a 3.6% increase from the $0.55 per share dividend last quarter. The dividend is payable on March 16, 2023 to stockholders of record as of the close of business on March 6, 2023.

About Cohen & Steers

Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-inc-declares-quarterly-dividend-301754958.html

SOURCE Cohen & Steers, Inc.

FAQ

What is the dividend amount declared by Cohen & Steers for Q1 2023?

Cohen & Steers declared a cash dividend of $0.57 per share for Q1 2023.

When will the dividend for Cohen & Steers be paid?

The dividend will be paid on March 16, 2023.

What is the record date for the dividend payment of Cohen & Steers?

The record date for the dividend payment is March 6, 2023.

How much did the dividend increase for Cohen & Steers from the last quarter?

The dividend increased by 3.6% from $0.55 to $0.57 per share.