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) announced a monthly dividend on Monday, June 24th, Wall Street Journal reports. Investors of record on Tuesday, August 13th will be given a dividend of 0.131 per share on Friday, August 30th. This represents a $1.57 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date is Tuesday, August 13th.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

NYSE LDP opened at $19.72 on Monday. Cohen & Steers Limited Duration Preferred and Income Fund has a one year low of $16.42 and a one year high of $20.45. The company’s 50-day simple moving average is $19.86 and its two-hundred day simple moving average is $19.70.

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.