Cohen & Steers to Pay Investors $0.20 Dividend

Global investment management firm Cohen & Steers  (NYSE: CNS  ) aims to steer investors right, announcing yesterday its second-quarter dividend of $0.20 per share, the same rate it paid last quarter after it raised the payout from $0.18 per share.

The money manager made a special dividend payment of $1.50 per share in November 2012. The board of directors said the quarterly dividend is payable on June 26 to the holders of record at the close of business on June 3.

Cohen & Steers has paid a dividend every quarter since 2004 and has regularly increased the payout over that time period. It has also paid several special dividends during that period.

The regular dividend payment equates to an $0.80-per-share annual dividend yielding 2% based on the closing price of Cohen & Steers' stock on May 8.

CNS Dividend Chart

CNS Dividend data by YCharts. Chart reflects special dividends paid.

link


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2420800, ~/Articles/ArticleHandler.aspx, 10/31/2014 2:04:31 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement