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

by · The Cerbat Gem

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDPGet Free Report) announced a monthly dividend on Tuesday, December 16th. Investors of record on Tuesday, February 10th will be paid a dividend of 0.131 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, February 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

NYSE:LDP traded down $0.03 during trading hours on Wednesday, hitting $21.24. 17,668 shares of the company’s stock traded hands, compared to its average volume of 66,654. Cohen & Steers Limited Duration Preferred and Income Fund has a 52 week low of $18.38 and a 52 week high of $22.05. The business’s fifty day simple moving average is $21.43 and its two-hundred day simple moving average is $21.32.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.

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