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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.

(Neutral)

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.

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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.

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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.
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-1.61% session move Open Argus
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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.

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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.

 

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

SOURCE Cohen & Steers, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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