Cohen & Steers Select's Ex-Dividend Date Is Tuesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Cohen & Steers Select (NYSE:PSF) has announced a monthly dividend of 12.6 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own PSF as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.
October 05, 2023 | 2:45 pm
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Cohen & Steers Select (NYSE:PSF) has announced a monthly dividend of 12.6 cents per share. The stock will go ex-dividend on Tuesday, which will likely cause the stock to open lower.
The announcement of a dividend typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock price is adjusted to reflect the payout. Therefore, it is expected that PSF's stock price will open lower on Tuesday.
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