Cohen & Steers Keeps Dividend Steady

Before you go, we thought you'd like these...
Before you go close icon

Global investment manager Cohen & Steers 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.

CNS Dividend Chart

CNS Dividend data by YCharts. Chart reflects payment of special dividends.

The article Cohen & Steers Keeps Dividend Steady originally appeared on

Fool contributor Rich Duprey has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

People are Reading