Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP – Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $20.81 and traded as high as $21.11. Cohen & Steers Limited Duration Preferred and Income Fund shares last traded at $21.0250, with a volume of 39,147 shares traded.
Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.3%
The firm’s 50 day moving average is $20.81 and its 200 day moving average is $20.90.
Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 7.5%.
Institutional Investors Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund
About Cohen & Steers Limited Duration Preferred and Income Fund
Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.
Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.
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