COHEN & STEERS TAX-ADV: Dividend Insights
Portfolio Pulse from Benzinga Insights
COHEN & STEERS TAX-ADV (NYSE:PTA) announced a monthly dividend of 13.4 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders owning PTA by the end of Monday's session will be eligible for the dividend, which will be paid out on July 31, 2023.
July 06, 2023 | 2:46 pm
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COHEN & STEERS TAX-ADV (PTA) announced a monthly dividend of 13.4 cents per share. The stock will likely trade lower on Tuesday reflecting the payout.
Dividend announcements typically lead to a decrease in the stock price on the ex-dividend date, reflecting the amount of the dividend paid. In this case, PTA's stock price is expected to open 13.4 cents lower on Tuesday.
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