SmarterDividends
LDP

Cohen & Steers Duration Preferred and Income Fund (LDP) Dividend

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. · Financial Services · Asset Management · monthly payer

$19.59

Fairly valued · -8% Add to Portfolio

As of Nov 10, 2026, Cohen & Steers Duration Preferred and Income Fund (LDP) pays a monthly dividend of $0.1310 per share, or $1.57 a year, a 8.02% yield at its $19.59 share price. The next ex-dividend date is Nov 10, 2026, paid Nov 24, 2026. It has a dividend safety grade of C.

Forward Yield

8.02%

Annual Dividend

$1.57

Payout Ratio

83%

5-Yr Growth

-2.6%

Ex-Date

Nov 10, 2026

Frequency

Monthly

Key facts about LDP's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 10, 2026, Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) has a forward dividend yield of 8.02%, based on an annual dividend of $1.57 per share and a share price of $19.59.
  • As of Nov 10, 2026, LDP's dividend safety grade from SmarterDividends is C (53 out of 100), which rates the dividend as borderline.
  • LDP last cut its regular dividend in 2022.
  • LDP's next ex-dividend date is Nov 10, 2026, with payment on Nov 24, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 10, 2026, LDP pays out 83% of its trailing 12-month earnings as dividends (its payout ratio).
  • LDP's dividend has shrunk at an average rate of 2.6% a year over the past five years.
  • As of Nov 10, 2026, SmarterDividends' blended fair-value estimate for LDP is $17.94 per share, 8% below the $19.59 share price, so LDP screens as fairly valued.
  • Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) pays its dividend monthly, 12 times a year.
  • Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) has raised its regular dividend 0 times and cut it 3 times across the 175 payments on record since 2012. Its most recent change was a 3.0% cut to $0.131 per share, going ex-dividend on Jul 11, 2023.
Cite this page

SmarterDividends, "LDP Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 10, 2026, https://smarterdividends.com/stocks/LDP

Is LDP a good dividend stock?

Mixed

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) pays a monthly dividend yielding 8.02% ($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
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    8.02%
    Payout Ratio
    83%
    Annual Dividend
    $1.57
    5-Yr Avg Growth
    -2.6%
    Ex-Dividend Date
    Nov 10, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    —
    P/E Ratio
    10.3
    5-Yr Total Return
    -28%
    52-Week Range
    $18.53 – $22.05
    Dividend Safety
    C · 53/100
    Ever Cut?
    Yes (2022)

    LDP dividend raises and cuts

    Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) has raised its regular dividend 0 times and cut it 3 times across the 175 payments on record since 2012. Its most recent change was a 3.0% cut to $0.131 per share, going ex-dividend on Jul 11, 2023.

    Ex-dateChangeOld → newMove
    Jul 11, 2023Cut$0.135 → $0.131−3.0%
    Jan 11, 2022Cut$0.143 → $0.135−5.6%
    Jul 14, 2020Cut$0.156 → $0.143−8.3%
    Every LDP payment →Download every raise and cut (CSV)
    LDP ex-dividend date & scheduleNext ex-date Nov 10, 2026 · full ex-dividend historyView →LDP dividend historyEvery payment, totals by year, raises and cutsView →LDP dividend calculator100 shares pay $157.00 a year, $13.08 each monthCalculate →LDP total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is LDP a good dividend stock?

    Mixed. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) pays a monthly dividend yielding 8.02% ($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.

    Is LDP undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LDP's fair value is about $17.94 versus a $19.59 share price — so it looks fairly valued (-8% vs. fair value).

    Is LDP's dividend safe?

    LDP has a dividend-safety grade of C (53/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is LDP's fair value?

    Our blended fair-value estimate for LDP is about $17.94 per share, about 8% below the current $19.59 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is LDP a buy, hold, or sell?

    We don't issue formal ratings, but on the data LDP screens as "mixed" and fairly valued. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) pays a monthly dividend yielding 8.02% ($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. This is research for your own analysis, not investment advice.

    Will LDP cut its dividend?

    LDP earns a dividend-safety grade of C (53/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does LDP pay a dividend?

    Yes. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. pays a monthly dividend of about $1.57 per share annually, a forward yield of roughly 8.02%.

    How much dividend does 100 shares of LDP pay?

    At $1.57 per share a year, 100 shares of LDP pay $157.00 a year in dividends before tax, about $13.08 each month. Buying them costs about $1,959 at the Nov 10, 2026 price.

    What is LDP's dividend yield?

    As of Nov 10, 2026, LDP's forward dividend yield is 8.02%, based on a $1.57 annual dividend and a $19.59 share price.

    What is LDP's dividend per share?

    As of Nov 10, 2026, LDP pays $1.57 per share per year, distributed on a monthly basis.

    What is LDP's dividend payout ratio?

    As of Nov 10, 2026, LDP's payout ratio is 83% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has LDP grown its dividend?

    LDP does not currently have a long dividend-growth streak on record.

    When is the next LDP ex-dividend date?

    As of Nov 10, 2026, the next ex-dividend date on record for LDP is Nov 10, 2026.

    Income Calculator

    At $1.57 / yr per share

    Per payment (monthly)$13.08
    Annual$157.00
    Monthly avg$13.08
    Full LDP dividend calculator →

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