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

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) declared a monthly dividend on Monday, June 24th, Wall Street Journal reports. Shareholders of record on Tuesday, September 10th will be given a dividend of 0.131 per share on Monday, September 30th. This represents a $1.57 annualized dividend and a yield of 7.74%. The ex-dividend date is Tuesday, September 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.8 %

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.32 on Friday. The stock has a fifty day moving average price of $20.01 and a two-hundred day moving average price of $19.82. Cohen & Steers Limited Duration Preferred and Income Fund has a 52-week low of $16.42 and a 52-week high of $20.59.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.