Ex-Dividend Date Insight: Cohen & Steers Ltd

On March 29, 2021, Cohen & Steers Ltd LDP declared a dividend payable on June 30, 2021 to its shareholders. Cohen & Steers Ltd also announced that shareholders on the company's books on or before June 16, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Cohen & Steers Ltd has an ex-dividend date set for for June 15, 2021. The company's current dividend payout is $0.14, which equates to a dividend yield of 6.74% at current price levels.

What Are Ex-Dividend Dates?

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. 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. Most ex-dividend dates operate on a quarterly basis.

Cohen & Steers Ltd's Dividend Payouts And Yields

Over the past year, Cohen & Steers Ltd has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on February 9, 2021 the company's payout was $0.14, which has returned to its value today. Cohen & Steers Ltd's dividend yield last year was 6.7%, which has since grown by 0.04%.
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.

Click here to find details on Cohen & Steers Ltd's previous dividends.