Welcome to our dedicated page for Cohen & Steers news (Ticker: CNS), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers stock.
Cohen & Steers, Inc. reports developments for a global investment manager focused on real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi-strategy solutions. Company news commonly covers quarterly operating results, preliminary assets under management and net flows, cash dividends on common stock and leadership or distribution organization changes.
Updates also include changes to Cohen & Steers realty indexes, such as the Global Realty Majors Portfolio Index and International Realty Majors Portfolio Index, and notices tied to Cohen & Steers closed-end fund distribution policies.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced the sources of its upcoming distribution on January 31, 2022. The fund follows a managed distribution policy, allowing monthly payments based on long-term capital gains. For January 2022, the total distribution is estimated at $0.0800 per share, entirely sourced from net realized long-term capital gains. Year-to-date, the cumulative distribution rate stands at 0.44%, with a cumulative total return of 47.77% for 2021. Shareholders will receive a Form 1099-DIV detailing tax implications post-year-end.
The press release from Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) announces the sources of its upcoming distribution scheduled for January 31, 2022. The Fund follows a managed distribution policy initiated in December 2017, providing regular monthly distributions. For January 2022, the total distribution is $0.1360 per share, entirely derived from long-term capital gains. The press release emphasizes that distribution amounts may fluctuate and are not tax-reporting figures. Year-to-date cumulative total return for 2021 is reported at 31.10%, with a current annualized distribution rate of 5.58%.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) announced its distribution sources for January 31, 2022. Since implementing a managed distribution policy in March 2015, the Fund aims to provide regular monthly distributions at a fixed rate per share, enhancing capital gains realization. The current monthly distribution is $0.1550 per share, entirely derived from net realized short-term capital gains. Year-to-date cumulative total return for 2021 was 23.10%, with a cumulative distribution rate of 0.55%. Shareholders will receive a Form 1099-DIV for accurate tax reporting.
Cohen & Steers (NYSE: CNS) reported its financial results for Q4 and the full year ended December 31, 2021. The earnings release highlights key metrics including net income and earnings per share. The firm will hold a conference call on January 27, 2022, at 10:00 a.m. ET to discuss these results, with participation from CEO Robert Steers, President Joseph Harvey, and CFO Matthew Stadler. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, with international offices in cities such as London and Tokyo.
Cohen & Steers, Inc. (NYSE: CNS) will release its fourth quarter and full year 2021 financial results after market hours on January 26, 2022. The earnings presentation will be available on their website. A conference call to discuss these results will take place on January 27, 2022, at 10:00 a.m. ET, featuring CEO Robert Steers and other executives. Investors can access the call via telephone or webcast, with a replay available for two weeks following the event.
Cohen & Steers announced preliminary assets under management (AUM) of $106.6 billion as of December 31, 2021, an increase of $6.4 billion from November 30, 2021. This growth was driven by net inflows of $1.5 billion and market appreciation of $6.1 billion, though partially offset by $1.2 billion in distributions. The firm specializes in real assets and alternative income, operating globally with a presence in key financial hubs.
The press release from Cohen & Steers Quality Income Realty Fund (NYSE: RQI) informs shareholders about the upcoming distribution on December 31, 2021. The Fund operates a managed distribution policy since December 2012, aimed at providing regular monthly distributions. The current distribution totals $0.0800 per share, with net investment income contributing $0.0250 (31.25%) and long-term capital gains $0.0550 (68.75%). This year, the cumulative total return is 33.68%, with a cumulative distribution rate of 5.78%. Tax reporting will be provided via Form 1099-DIV after year-end.
The Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) has announced a managed distribution policy to enhance its long-term total return potential. This policy allows for monthly distributions of fixed rates per common share, with the upcoming distribution scheduled for December 31, 2021. The distribution may include various sources such as long-term capital gains and return of capital, which can affect shareholders' tax basis. Year-to-date cumulative total return stands at 15.81%, while the current annualized distribution rate is 7.54% as of November 30, 2021.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced details regarding its upcoming distribution on December 31, 2021. Following a managed distribution policy established in December 2016, this month’s distribution amounts to $0.1430 per share. The monthly distributions are derived from net investment income, long-term capital gains, and may include a return of capital. As of November 30, 2021, the fund reported a 3.98% year-to-date cumulative total return and an 8.32% cumulative distribution rate for the fiscal year.
The press release informs shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) about the distribution to be paid on December 31, 2021, under the managed distribution policy. This policy allows for regular monthly distributions at a fixed rate, aiming to maximize long-term returns by distributing capital gains. For December 2021, the distribution is estimated at $0.1240 per share from net investment income. The Fund's cumulative total return for the year is reported at 22.02%, with a cumulative distribution rate of 5.44%.