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) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Tuesday, November 10th will be paid a dividend of 0.131 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Tuesday, November 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.9%

LDP stock traded down $0.18 during midday trading on Wednesday, hitting $19.37. The company’s stock had a trading volume of 11,184 shares, compared to its average volume of 66,846. Cohen & Steers Limited Duration Preferred and Income Fund has a twelve month low of $19.35 and a twelve month high of $22.05. The company’s fifty day moving average price is $20.47 and its 200 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.