Global investment manager Cohen & Steers (NYSE:CNS) announced today its third-quarter dividend of $0.20 per share, the same rate it's paid for the past two quarters after raising the payout 11% from $0.18 per share.
The board of directors said the quarterly dividend is payable on September 27 to holders of record at the close of business on September 6. The global investment manager paid a special dividend of $1.68 per share in December 2012.
The regular dividend payment equates to an $0.80-per-share annual dividend, yielding 2.3% based on the closing price today of Cohen & Steers' stock.
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