Cohen & Steers (CNS) Rewards Shareholders With Dividend Hike

Cohen & Steers (CNS) has announced a hike in quarterly dividend. The company’s board of directors has declared a first-quarter 2024 cash dividend of 59 cents per share, marking an increase of 3.5% from the prior payout. The dividend will be paid out on Mar 14 to shareholders on record as of Mar 4.Considering last day’s closing price of $71.79, Cohen & Steers’ dividend yield currently stands at 3.29%. Not only is the yield attractive for income investors, but it also represents a steady income stream.Notably ...