Cohen & Steers Limited Duration Preferred and Income Fund, Inc.
LDPFinancial Services · Stock · monthly payer
Forward Yield
8.00%
Annual Dividend
$1.57
Payout Ratio
83%
5-Yr Growth
-2.6%
Ex-Date
Sep 8, 2026
Frequency
Monthly
Summary
As of September 2026, Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) yields 8.00% ($1.57 per share annually), with a blended fair-value estimate of $16.33 — -17% downside, so it screens as overvalued. Dividend safety grade: C (55/100).
Is LDP a good dividend stock?
MixedCohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) pays a monthly dividend yielding 8.00% ($1.57/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.00%
- Payout Ratio
- 83%
- Annual Dividend
- $1.57
- 5-Yr Avg Growth
- -2.6%
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $570.2M
- P/E Ratio
- 10.3
- 5-Yr Total Return
- -28%
- 52-Week Range
- $19.35 – $22.05
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
LDP Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+18%
5 Years
-28%
52-Week Range
$19.35 – $22.05
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LDP worth?
Overvaluedhigh confidenceOur blended fair-value estimate for Cohen & Steers Limited Duration Preferred and Income Fund, Inc. is $16.33 per share, versus a market price of $19.65. That implies 17% of downside.
Fair Value
$16.33
Current Price
$19.65
Downside
-17%
Margin of Safety
-20%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.4% annual free-cash-flow growth. We model -2.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -2.6% stage-1 growth, 2.5% terminal growth, $1.90 EPS, $1.57 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LDP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 8, 2026 | — | $0.1310 | regular |
| Aug 11, 2026 | — | $0.1310 | regular |
| Jul 14, 2026 | — | $0.1310 | regular |
| Jun 9, 2026 | — | $0.1310 | regular |
| May 12, 2026 | — | $0.1310 | regular |
| Apr 14, 2026 | — | $0.1310 | regular |
| Mar 10, 2026 | — | $0.1310 | regular |
| Feb 10, 2026 | — | $0.1310 | regular |
| Jan 13, 2026 | — | $0.1310 | regular |
| Dec 9, 2025 | — | $0.1310 | regular |
| Nov 12, 2025 | — | $0.1310 | regular |
| Oct 14, 2025 | — | $0.1310 | regular |
| Sep 9, 2025 | — | $0.1310 | regular |
| Aug 12, 2025 | — | $0.1310 | regular |
Income Calculator
At $1.57 / yr per share
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