Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) to Issue $0.16 Monthly Dividend
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) declared a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Stockholders of record on Wednesday, July 17th will be paid a dividend of 0.156 per share on Wednesday, July 31st. This represents a $1.87 annualized dividend and a dividend yield of 7.35%. The ex-dividend date is Tuesday, July 16th.
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has decreased its dividend payment by an average of 3.2% per year over the last three years and has raised its dividend annually for the last 4 consecutive years.
Shares of Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc stock opened at $25.46 on Monday. The business’s 50 day moving average is $24.55. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a 1-year low of $19.29 and a 1-year high of $25.50.
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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