Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Declares Monthly Dividend of $0.13

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, April 14th will be given a dividend of 0.131 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Tuesday, April 14th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of NYSE LDP opened at $19.92 on Wednesday. The stock’s 50-day simple moving average is $21.08 and its two-hundred day simple moving average is $21.33. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $18.38 and a twelve month high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.