Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) Declares Monthly Dividend of $0.16
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) announced a monthly dividend on Wednesday, March 20th, Wall Street Journal reports. Stockholders of record on Wednesday, June 19th will be paid a dividend of 0.156 per share on Friday, June 28th. This represents a $1.87 dividend on an annualized basis and a dividend yield of 7.61%. The ex-dividend date is Tuesday, June 18th.
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has decreased its dividend by an average of 3.2% per year over the last three years and has raised its dividend every year for the last 4 years.
NYSE:LDP opened at $24.61 on Thursday. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a 1-year low of $19.29 and a 1-year high of $25.75.
Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a closed-end investment fund company. Its investment objective is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation. The company was founded in 2012 and is headquartered in New York, NY.
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