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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.131 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Tuesday, August 11th.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.3%

Shares of LDP stock opened at $20.79 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund has a 12 month low of $19.35 and a 12 month high of $22.05. The stock 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.