Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP – Get Free Report) declared a monthly dividend on Tuesday, March 24th. Stockholders of record on Tuesday, June 9th will be given a dividend of 0.131 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Tuesday, June 9th.
Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 1.1%
Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.13 on Thursday. Cohen & Steers Limited Duration Preferred and Income Fund has a fifty-two week low of $18.38 and a fifty-two week high of $22.05. The firm’s fifty day moving average price is $21.06 and its 200-day moving average price is $21.32.
Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund
Large investors have recently modified their holdings of the business. Cetera Investment Advisers increased 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 worth $383,000 after purchasing an additional 587 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 4.3% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 52,823 shares of the company’s stock worth $1,108,000 after buying an additional 2,195 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 26.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 14,183 shares of the company’s stock worth $298,000 after buying an additional 2,980 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.9% in the 2nd quarter. Invesco Ltd. now owns 442,605 shares of the company’s stock worth $9,286,000 after buying an additional 3,997 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% during the 2nd quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock valued at $2,981,000 after buying an additional 761 shares in the last quarter.
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.
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