Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) to Issue Monthly Dividend of $0.13 on March 31st

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be paid a dividend of 0.131 per share on Monday, March 31st. This represents a $1.57 annualized dividend and a dividend yield of 7.69%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.1 %

LDP stock opened at $20.45 on Wednesday. The stock’s 50 day moving average price is $21.04 and its 200 day moving average price is $20.58. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $18.38 and a 1 year high of $21.87.

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.