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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, May 12th will be paid a dividend of 0.131 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Tuesday, May 12th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

NYSE:LDP opened at $19.92 on Wednesday. Cohen & Steers Limited Duration Preferred and Income Fund has a 12 month low of $18.38 and a 12 month high of $22.05. The company’s 50-day moving average price is $21.08 and its two-hundred day moving average price is $21.33.

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.