Cohen & Steers, Inc. Declares Quarterly and Special Dividends
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – CNS
The recorded move for CNS in the trading session of this news was -1.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
In addition, the company's Board of Directors declared a special cash dividend in the amount of
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.
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