Cohen & Steers Limited Drtn Prfd&Incm Fd (LDP) Plans $0.16 Monthly Dividend

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.

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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.

Dividend History for Cohen & Steers Limited Drtn Prfd&Incm Fd (NYSE:LDP)

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