Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) declared a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Shareholders of record on Wednesday, July 17th will be paid a dividend of 0.156 per share on Wednesday, July 31st. This represents a $1.87 annualized dividend and a yield of 7.35%. The ex-dividend date is Tuesday, July 16th.
Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has decreased its dividend payment by an average of 3.2% annually over the last three years and has raised its dividend every year for the last 4 years.
Shares of NYSE LDP opened at $25.46 on Friday. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a 12 month low of $19.29 and a 12 month high of $25.50. The business’s 50-day simple moving average is $24.55.
About Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc
Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a closed-end investment fund company. Its investment objective is high current income through investment in preferred and other income securities. The secondary investment objective is capital appreciation. The company was founded in 2012 and is headquartered in New York, NY.
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