Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc (NYSE:LDP) announced a monthly dividend on Monday, June 29th, Wall Street Journal reports. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.143 per share on Monday, August 31st. This represents a $1.72 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Tuesday, August 18th.
Shares of NYSE LDP traded up $0.27 during midday trading on Monday, hitting $22.24. The company’s stock had a trading volume of 10,905 shares, compared to its average volume of 105,841. Cohen & Steers Ltd DrtnPrfrrd&IncmFndInc has a 12-month low of $12.20 and a 12-month high of $27.68. The business’s 50 day moving average is $22.78 and its two-hundred day moving average is $24.01.
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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