Analyzing Cohen & Steers Ltd's Ex-Dividend Date

On December 14, 2020, Cohen & Steers Ltd LDP declared a dividend payable on March 31, 2021 to its shareholders. Cohen & Steers Ltd also announced that shareholders on the company's books on or before March 17, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Cohen & Steers Ltd is set for March 16, 2021. The company's current dividend payout sits at $0.14, equating to a dividend yield of 6.7% at current price levels.

What Is An Ex-Dividend Date?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding Cohen & Steers Ltd's Dividend Performance

Over the past year, Cohen & Steers Ltd has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on December 15, 2020 the company's payout was $0.14, which has returned to its value today. Cohen & Steers Ltd's dividend yield last year was 7.42%, which has since decreased by 0.72%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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