Cohen & Steers Limited Duration Preferred and Income Fund, Inc. Plans Monthly Dividend of $0.13 (NYSE:LDP)

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDPGet Free Report) declared a monthly dividend on Tuesday, December 12th, Wall Street Journal reports. Stockholders of record on Wednesday, February 14th will be paid a dividend of 0.131 per share on Thursday, February 29th. This represents a $1.57 annualized dividend and a dividend yield of 8.14%. The ex-dividend date is Tuesday, February 13th.

Cohen & Steers Limited Duration Preferred and Income Fund has decreased its dividend payment by an average of 3.8% per year over the last three years.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of NYSE:LDP opened at $19.31 on Monday. Cohen & Steers Limited Duration Preferred and Income Fund has a 52-week low of $16.16 and a 52-week high of $21.26. The stock has a 50 day moving average price of $18.84 and a 200-day moving average price of $17.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. increased its position in Cohen & Steers Limited Duration Preferred and Income Fund by 7.8% during the 4th quarter. Advisor Group Holdings Inc. now owns 33,215 shares of the company’s stock valued at $631,000 after buying an additional 2,396 shares in the last quarter. Creative Planning increased its position in Cohen & Steers Limited Duration Preferred and Income Fund by 223.6% during the 3rd quarter. Creative Planning now owns 34,411 shares of the company’s stock valued at $587,000 after buying an additional 23,778 shares in the last quarter. Money Concepts Capital Corp bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at approximately $484,000. Baird Financial Group Inc. bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 1st quarter valued at approximately $483,000. Finally, Jane Street Group LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 1st quarter valued at approximately $463,000.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

(Get Free Report)

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.

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Dividend History for Cohen & Steers Limited Duration Preferred and Income Fund (NYSE:LDP)

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