Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) to Issue Monthly Dividend of $0.13 on November 28th

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Tuesday, September 23rd. Shareholders of record on Wednesday, November 12th will be paid a dividend of 0.131 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Wednesday, November 12th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.0%

NYSE LDP opened at $21.72 on Monday. Cohen & Steers Limited Duration Preferred and Income Fund has a 12 month low of $18.38 and a 12 month high of $21.96. The company has a 50-day moving average of $21.64 and a 200-day moving average of $21.08.

Hedge Funds Weigh In On Cohen & Steers Limited Duration Preferred and Income Fund

A number of large investors have recently bought and sold shares of LDP. Envestnet Asset Management Inc. increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 9.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 178,626 shares of the company’s stock worth $3,637,000 after buying an additional 15,493 shares during the last quarter. Greatmark Investment Partners Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 0.7% during the first quarter. Greatmark Investment Partners Inc. now owns 172,675 shares of the company’s stock valued at $3,516,000 after acquiring an additional 1,250 shares during the period. Pettinga Financial Advisors LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the first quarter worth about $211,000. Choreo LLC raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.4% in the 1st quarter. Choreo LLC now owns 43,436 shares of the company’s stock worth $884,000 after purchasing an additional 584 shares during the period. Finally, Garrison Bradford & Associates Inc. acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 1st quarter valued at about $143,000.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.