First Trust Intermediate Duration Preferred & Income Fund (FPF) To Go Ex-Dividend on September 1st

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) announced a monthly dividend on Thursday, August 20th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.1375 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date is Tuesday, September 1st.

First Trust Intermediate Duration Preferred & Income Fund Stock Performance

NYSE:FPF opened at $17.82 on Friday. The business has a 50 day simple moving average of $17.86 and a 200 day simple moving average of $18.14. First Trust Intermediate Duration Preferred & Income Fund has a 12-month low of $17.21 and a 12-month high of $19.75.

First Trust Intermediate Duration Preferred & Income Fund Company Profile

First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF) is a diversified closed-end management investment company that seeks to provide a high level of current income, with a secondary objective of capital appreciation. Listed on the New York Stock Exchange, the fund aims to deliver a consistent distribution by investing primarily in intermediate-duration preferred securities issued by U.S. and foreign corporations, financial institutions and utilities.

The fund’s portfolio is composed predominantly of fixed- and floating-rate preferred stocks, with at least 80% of its total assets invested in such securities.