Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP – Get Free Report) announced a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, May 12th will be given a dividend of 0.131 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Tuesday, May 12th.
Cohen & Steers Limited Duration Preferred and Income Fund Price 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 firm has a 50-day moving average price of $21.08 and a 200 day moving average price of $21.33.
About Cohen & Steers Limited Duration Preferred and Income Fund
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.
Further Reading
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