Cohen & Steers Realty Shares, Inc. Announces Dividend Information
March 14 2007 - 11:23AM
PR Newswire (US)
NEW YORK, March 14 /PRNewswire-FirstCall/ -- Cohen & Steers
Realty Shares, Inc. (NASDAQ Symbol CSRSX, Cusip No. 192476109)
today announced that in the future, dividends will be declared and
paid at the end of each quarter based upon the fund's net
investment income for that quarter. As a result, dividend levels
may fluctuate from quarter to quarter based upon portfolio holdings
and prevailing market conditions. For the current quarter, the fund
estimates it will pay a dividend of $0.50 per share*. The actual
dividend will be declared and paid on March 30, 2007 to
shareholders of record on March 29, 2007, with an ex-dividend date
of March 30, 2007. * This estimate is for informational purposes
only and should not be relied upon to make an investment decision
to purchase, redeem or maintain shares of the fund. While the
estimate has been determined in good faith and is reasonably based
upon information the fund believes to be reliable and accurate,
there is no guarantee the actual dividend will be equal to the
amount estimated. Please note that the distributions paid by the
fund to shareholders are subject to recharacterization for tax
purposes. The final tax treatment of these distributions is
reported to shareholders on their 1099-DIV forms, which are mailed
to shareholders after the close of each fiscal year. DATASOURCE:
Cohen & Steers Institutional Realty Shares, Inc. CONTACT: John
J. McCombe, executive vice president, Cohen & Steers Capital
Management, Inc., +1-212-832-3232 Web site:
http://www.cohenandsteers.com/
Copyright