Cohen & Steers, Inc. (NYSE: CNS) announced that its
Board of Directors declared the company's cash dividend for the second
quarter of 2009 in the amount of $0.05 per share of common stock. The
dividend will be payable on June 26, 2009 to stockholders of record at the
close of business on June 4, 2009.
Cohen & Steers is a manager of income-oriented equity portfolios specializing in U.S. and international real estate securities, large cap value stocks, utilities and listed infrastructure, and preferred securities. The company also offers alternative investment strategies such as hedged real estate securities portfolios and private real estate multimanager strategies. Headquartered in New York City, with offices in London, Brussels, Hong Kong and Seattle, Cohen & Steers serves individual and institutional investors through a broad range of investment vehicles.
Our passionate belief that dividends provide an important part of an investment's total return and overall diversification has been the foundation for our portfolio strategies. We believe the significant growth in our assets under management over the past two decades reflects the growing demand for dividend-paying equity investments.
Disclosure None
Another nice dividend increase.
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