Cohen & Steers Limited Drtn Prfd&Incm Fd (NYSE:LDP) declared a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Investors of record on Wednesday, June 20th will be paid a dividend of 0.156 per share on Friday, June 29th. This represents a $1.87 annualized dividend and a yield of 7.34%. The ex-dividend date of this dividend is Tuesday, June 19th.
Cohen & Steers Limited Drtn Prfd&Incm Fd has decreased its dividend payment by an average of 0.4% per year over the last three years and has increased its dividend every year for the last 3 years.
LDP stock traded down $0.02 during trading on Monday, hitting $25.50. 63,563 shares of the company’s stock traded hands, compared to its average volume of 85,259. Cohen & Steers Limited Drtn Prfd&Incm Fd has a 1 year low of $24.85 and a 1 year high of $27.25.
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Cohen & Steers Limited Drtn Prfd&Incm Fd Company Profile
Cohen & Steers Limited Duration Preferred and Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation.
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