Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) Plans $0.16 Monthly Dividend
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) declared a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Shareholders of record on Wednesday, August 21st will be given a dividend of 0.156 per share on Friday, August 30th. This represents a $1.87 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date of this dividend is Tuesday, August 20th.
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has decreased its dividend payment by an average of 3.2% annually over the last three years and has raised its dividend every year for the last 4 years.
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc stock opened at $24.92 on Monday. The company has a fifty day moving average price of $25.06 and a two-hundred day moving average price of $24.25. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a 12 month low of $19.29 and a 12 month high of $25.61.
Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a closed-end investment fund company. Its investment objective is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation. The company was founded in 2012 and is headquartered in New York, NY.
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