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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, October 13th will be paid a dividend of 0.131 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, October 13th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.4%

NYSE:LDP traded down $0.07 on Wednesday, reaching $19.48. The company’s stock had a trading volume of 7,367 shares, compared to its average volume of 66,842. Cohen & Steers Limited Duration Preferred and Income Fund has a 1-year low of $19.35 and a 1-year high of $22.05. The business’s 50-day moving average price is $20.47 and its two-hundred day moving average price is $20.61.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol LDP. The fund seeks to provide a high level of current income while also pursuing capital appreciation through a portfolio focused on preferred securities and other income-producing investments.

The fund invests across a range of preferred stocks, corporate debt securities, and other fixed-income instruments. Its limited-duration strategy is designed to help manage sensitivity to changes in interest rates, while its portfolio may include securities issued by companies in financial services, utilities, telecommunications, real estate, and other industries.

LDP is managed by Cohen & Steers Capital Management, an investment adviser specializing in real assets and income-oriented strategies.