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Cohen & Steers raises quarterly dividend to $0.62, marking 15 straight years of increases.
Cohen & Steers announced a quarterly dividend of $0.62 per share, payable on March 13 to shareholders on record by March 3.
This represents a 5.1% increase from the previous quarter and an annualized yield of 2.87%.
The company has increased its dividend annually for the past 15 years, with an average annual increase of 9.5% over the last three years.
Shares rose $0.14 on the day of the announcement, closing at $86.55.
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Cohen & Steers eleva el dividendo trimestral a $0.62, lo que marca 15 años consecutivos de aumentos.