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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared 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 yield of 7.8%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

NYSE LDP traded up $0.24 during trading on Wednesday, hitting $20.16. 15,099 shares of the company traded hands, compared to its average volume of 69,169. 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 business has a fifty day simple moving average of $21.08 and a 200 day simple moving average 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.