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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, July 14th will be given a dividend of 0.131 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Tuesday, July 14th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.79 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $19.35 and a 1 year high of $22.05. The firm has a 50 day moving average price of $20.72 and a 200 day moving average price of $20.93.

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.