Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) To Go Ex-Dividend on November 10th

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.1310 per share on Monday, November 30th. This represents a $1.57 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, November 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 1.3%

LDP opened at $19.35 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund has a 1-year low of $18.53 and a 1-year high of $22.05. The firm’s 50 day simple moving average is $19.42 and its two-hundred day simple moving average is $20.46.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Limited Duration Preferred and Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol LDP. The fund is managed by Cohen & Steers Capital Management, an investment manager known for its focus on real assets and income-oriented strategies.

The fund seeks to provide current income and total return by investing primarily in preferred securities and other income-producing investments. Its portfolio may include preferred stocks, corporate debt securities and other fixed-income instruments issued by companies in a range of industries and geographic regions.

As indicated by its name, the fund emphasizes a limited-duration approach intended to help manage sensitivity to changes in interest rates while pursuing income from its investments.