Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (LDP) Declares $0.16 Monthly Dividend

Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) announced a monthly dividend on Wednesday, December 19th, Wall Street Journal reports. Shareholders of record on Wednesday, March 20th will be given a dividend of 0.156 per share on Friday, March 29th. This represents a $1.87 annualized dividend and a yield of 7.83%. The ex-dividend date of this dividend is Tuesday, March 19th.

Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has decreased its dividend by an average of 3.2% per year over the last three years and has increased its dividend annually for the last 4 consecutive years.

NYSE:LDP opened at $23.90 on Thursday. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a one year low of $19.29 and a one year high of $25.99.

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About Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc

Cohen & Steers Limited Duration Preferred and Income Fund, Inc is a closed-ended fixed income fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets across the globe. The fund uses derivatives like interest rate swaps to make its investments.

Further Reading: Investing in Dividend Stocks

Dividend History for Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP)

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