CNS dividend – Cohen and Steers Pays 0.57 Cash Dividend to Shareholders

🌥️Dividends Yield

On May 25th 2023, Cohen and Steers Inc. paid out a 0.57 cash dividend to its shareholders. If you are looking for dividend stocks, COHEN & STEERS ($NYSE:CNS) may be a good choice for your portfolio. Their annual dividend per share over the past three years have been 2.22, 2.2 and 1.8 USD, resulting in dividend yields of 3.15%, 3.07% and 2.28%, respectively.

This has resulted in an average yield of 2.83%. The next ex-dividend date is May 12th 2023, so if you are interested in investing in this company, now is a good time to do so.

Price History

The stock opened at $54.1 and closed the day at $53.7, a 1.1% drop from the previous closing price of $54.2. The payment is part of the company’s commitment to reward shareholders with attractive cash dividends through regular cash distributions. The company is one of the leading global asset managers, specializing in real estate and other income-focused investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for CNS. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for CNS. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for CNS. More…

Key Ratios Snapshot

Some of the financial key ratios for CNS are shown below. More…

Analysis – CNS Stock Intrinsic Value

At GoodWhale, we have completed an analysis of the wellbeing of COHEN & STEERS. After thorough research, our proprietary Valuation Line has determined that the fair value of COHEN & STEERS share is approximately $72.4. Currently, however, COHEN & STEERS stock is trading at $53.7, which represents a 25.8% discount from its fair value. Therefore, GoodWhale has concluded that COHEN & STEERS stock is undervalued and presents an investment opportunity for potential shareholders. More…

Peers

The company’s investment philosophy is based on the premise that real estate and income-producing securities are an attractive investment class with unique risk and return characteristics. Cohen & Steers seeks to provide its clients with superior risk-adjusted returns by investing in high-quality real estate and income-producing securities across the globe. The company’s investment products include mutual funds, closed-end funds, institutional separate accounts, and unit investment trusts. Cohen & Steers is headquartered in New York, New York. GAMCO Investors, Inc. is a publicly traded investment management company with over four decades of experience managing portfolios for high net worth individuals, families, and institutions. The company’s investment philosophy is based on the premise that value investing is the key to long-term success in the stock market. GAMCO seeks to provide its clients with superior returns by investing in undervalued companies with significant upside potential. The company’s investment products include mutual funds, closed-end funds, institutional separate accounts, and private investment partnerships. GAMCO is headquartered in Rye, New York. Canadian High Income Equity Fund is a publicly traded closed-end fund that invests primarily in Canadian high yield bonds and preferred shares. The fund’s investment objective is to provide its shareholders with a high level of monthly income. Canadian High Income Equity Fund is managed by CI Investments Inc., a leading asset management company with over three decades of experience managing portfolios for high net worth individuals, families, and institutions. CI Investments is headquartered in Toronto, Canada. Demetra Holdings PLC is a publicly traded holding company that invests in a diversified portfolio of companies operating in the real estate, financial services, and healthcare industries. Demetra Holdings’ investment philosophy is based on the premise that long-term success in the stock market is achieved by investing in high-quality companies with strong fundamentals and attractive valuations. Demetra Holdings is headquartered in London, England.

– GAMCO Investors Inc ($NYSE:GBL)

The company has a market cap of 8.66M as of 2022. The company is engaged in the business of providing equity financing to Canadian companies. The company also provides venture capital financing to Canadian companies.

Summary

COHEN & STEERS is an attractive investment opportunity for dividend investors. Over the last three years, it has offered an average dividend yield of 2.83%, with annual dividend per share amounts of 2.22, 2.2 and 1.8 USD in that time period. This makes COHEN & STEERS a promising choice for investors looking for a steady stream of dividends. Analysing the company’s financials and market performance is essential before making an investment decision.