Analyzing Cohen & Steers Ltd's Ex-Dividend Date

Cohen & Steers Ltd LDP declared a dividend payable on August 31, 2021 to its shareholders as of June 30, 2021. It was also announced that shareholders of Cohen & Steers Ltd's stock as of August 18, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Cohen & Steers Ltd, whose current dividend payout is $0.14, has an ex-dividend date set at August 17, 2021. The payout equates to a dividend yield of 6.29% at current price levels.

Understanding Ex-Dividend Dates'

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. 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 History

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 May 11, 2021 the company's payout was $0.14, which has returned to its value today. Cohen & Steers Ltd's dividend yield last year was 6.74%, which has since decreased by 0.45%.
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.

To read more about Cohen & Steers Ltd click here.

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