Cohen & Steers, Inc. Declares Quarterly and Special Dividends

Rhea-AI Summary

Cohen & Steers, Inc. (NYSE:CNS) declared a cash dividend of $0.39 per share for Q4 2020, payable on December 1, 2020 to stockholders of record by November 16, 2020. Additionally, a special cash dividend of $1.00 per share will also be paid on the same date to stockholders of record by the same date. This announcement highlights the firm's commitment to returning earnings to shareholders alongside its focus on liquid real assets investment management.

Positive

• Quarterly cash dividend of $0.39 per share announced.
• Special cash dividend of $1.00 per share declared.
• Dividends reflect strong financial performance and shareholder return strategy.

Negative

• None.

News Market Reaction – CNS

-1.61%

-1.61% Session move

In the trading session that priced this news, CNS declined 1.61%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

NEW YORK, Nov. 5, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) announced that its Board of Directors declared a cash dividend for the fourth quarter of 2020 in the amount of $0.39 per share of common stock. The dividend will be payable on December 1, 2020 to stockholders of record at the close of business on November 16, 2020.

In addition, the company's Board of Directors declared a special cash dividend in the amount of $1.00 per share of common stock. The special dividend will also be payable on December 1, 2020 to stockholders of record at the close of business on November 16, 2020.

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.

 

View original content:http://www.prnewswire.com/news-releases/cohen--steers-inc-declares-quarterly-and-special-dividends-301167547.html

SOURCE Cohen & Steers, Inc.

FAQ

What is the dividend amount declared by Cohen & Steers for Q4 2020?

Cohen & Steers declared a dividend of $0.39 per share for Q4 2020.

When will the dividends be paid to shareholders?

The dividends will be paid on December 1, 2020.

What is the record date for the dividends declared?

The record date for the dividends is November 16, 2020.

Is there a special dividend declared by Cohen & Steers?

Yes, a special cash dividend of $1.00 per share was also declared.

How often does Cohen & Steers pay dividends?

Cohen & Steers typically pays dividends quarterly.