Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) To Go Ex-Dividend on January 13th

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, January 13th will be given a dividend of 0.131 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Tuesday, January 13th.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of NYSE:LDP opened at $21.37 on Friday. The stock’s 50-day moving average is $21.33 and its 200 day moving average is $21.39. Cohen & Steers Limited Duration Preferred and Income Fund has a 1 year low of $18.38 and a 1 year high of $22.05.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% during the 3rd quarter. Invesco Ltd. now owns 451,782 shares of the company’s stock valued at $9,790,000 after purchasing an additional 9,177 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% in the second quarter. Chicago Partners Investment Group LLC now owns 432,383 shares of the company’s stock worth $9,007,000 after buying an additional 8,228 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% in the third quarter. Envestnet Asset Management Inc. now owns 239,403 shares of the company’s stock worth $5,188,000 after buying an additional 26,506 shares during the period. Thomas J. Herzfeld Advisors Inc. boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 8.0% during the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 200,918 shares of the company’s stock valued at $4,215,000 after acquiring an additional 14,875 shares in the last quarter. Finally, Atria Investments Inc grew its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 375.7% during the 2nd quarter. Atria Investments Inc now owns 189,228 shares of the company’s stock worth $3,970,000 after acquiring an additional 149,448 shares during the period.

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.