Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) to Issue Monthly Dividend of $0.13 on June 30th

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Tuesday, March 24th. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.131 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Tuesday, June 9th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.7%

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.65 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund has a 12-month low of $19.35 and a 12-month high of $22.05. The firm’s 50-day moving average is $20.61 and its two-hundred day moving average is $20.96.

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.