Cohen & Steers, Inc. Declares Quarterly Dividend, Payable on March 18, 2021
February 25, 2021 at 04:28 pm EST
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The Board of Directors of Cohen & Steers, Inc. has declared a cash dividend for the first quarter of 2021 in the amount of $0.45 per share of common stock payable March 18, 2021 to stockholders of record as of the close of business on March 8, 2021. The quarterly dividend rate represents a 15.4% increase over the previous quarterly dividend rate of $0.39 per share of common stock.
Cohen & Steers, Inc. is a holding company, which is engaged in global investment management. The Company is specialized in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. The Companyâs distribution network encompasses two channels, wealth and institutional. Its wealth channel includes registered investment advisers, wire houses, independent and regional broker dealers and bank trusts. Its institutional channel includes sovereign wealth funds, corporate plans, insurance companies and public funds, including defined benefit and defined contribution plans, as well as other financial institutions that access its investment management services directly or through consultants and other intermediaries. The Company manages three types of investment vehicles, such as open-end funds, institutional accounts, and closed end.