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) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, March 10th will be paid a dividend of 0.131 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

LDP remained flat at $21.26 during midday trading on Wednesday. The company’s stock had a trading volume of 12,687 shares, compared to its average volume of 66,646. 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 firm has a fifty day simple moving average of $21.43 and a two-hundred day simple moving average of $21.32.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Several institutional investors have recently modified their holdings of the company. Atria Investments Inc raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 375.7% in the 2nd quarter. Atria Investments Inc now owns 189,228 shares of the company’s stock valued at $3,970,000 after buying an additional 149,448 shares in the last quarter. WJ Financial Advisors LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at $1,142,000. Invesco Ltd. raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 11.0% in the first quarter. Invesco Ltd. now owns 438,608 shares of the company’s stock worth $8,930,000 after acquiring an additional 43,415 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 19.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 212,897 shares of the company’s stock worth $4,467,000 after purchasing an additional 34,271 shares during the last quarter. Finally, Rareview Capital LLC lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 49.9% during the second quarter. Rareview Capital LLC now owns 88,694 shares of the company’s stock valued at $1,861,000 after acquiring an additional 29,530 shares during the period.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.