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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Tuesday, December 8th will be given a dividend of 0.131 per share on Thursday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Tuesday, December 8th.

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

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock traded down $0.14 during trading on Wednesday, hitting $19.41. The company’s stock had a trading volume of 8,009 shares, compared to its average volume of 66,845. Cohen & Steers Limited Duration Preferred and Income Fund has a 52 week low of $19.35 and a 52 week high of $22.05. The company has a fifty day simple moving average of $20.47 and a two-hundred day simple moving average of $20.61.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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.