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Analyzing Cohen & Steers Ltd's Ex-Dividend Date

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On December 14, 2020, Cohen & Steers Ltd (NYSE:LDP) announced shareholders can expect to receive a dividend payable on March 31, 2021. The stock will then go 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 March 16, 2021. The payout equates to a dividend yield of 6.7% at current price levels.

The Significance Of An Ex-Dividend Date

An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. 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.

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 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.

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

 

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Posted-In: BZI-ExDivDividends