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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, September 8th will be given a dividend of 0.131 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of NYSE LDP opened at $20.79 on Tuesday. The stock’s 50-day moving average is $20.72 and its two-hundred day moving average is $20.93. Cohen & Steers Limited Duration Preferred and Income Fund has a 1-year low of $19.35 and a 1-year 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.