Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) to Issue Monthly Dividend of $0.13 on May 29th

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 7.5%. The ex-dividend date is Tuesday, May 12th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.5%

Shares of LDP stock opened at $21.06 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $19.35 and a one year high of $22.05. The stock has a fifty day moving average price of $20.65 and a 200 day moving average price of $21.11.

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.