Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) to Issue 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, May 12th will be paid a dividend of 0.131 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Tuesday, May 12th.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 1.1%

Shares of LDP stock opened at $20.15 on Wednesday. The company has a fifty day moving average price of $21.08 and a two-hundred day moving average price of $21.33. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $18.38 and a one year high of $22.05.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% in the second quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock valued at $383,000 after buying an additional 587 shares during the last quarter. MAI Capital Management raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 1.1% in the 3rd quarter. MAI Capital Management now owns 58,194 shares of the company’s stock valued at $1,261,000 after acquiring an additional 631 shares during the period. WJ Financial Advisors LLC lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 1.2% during the 4th quarter. WJ Financial Advisors LLC now owns 53,364 shares of the company’s stock valued at $1,130,000 after purchasing an additional 650 shares during the last quarter. Creative Planning boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% during the third quarter. Creative Planning now owns 12,070 shares of the company’s stock worth $262,000 after purchasing an additional 670 shares during the period. Finally, Baird Financial Group Inc. boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% during the second quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock worth $2,981,000 after purchasing an additional 761 shares during the period.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.