First Trust Intermediate Duration Preferred & Income Fund (FPF) To Go Ex-Dividend on February 2nd

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a monthly dividend on Tuesday, January 20th. Stockholders of record on Monday, February 2nd will be given a dividend of 0.1375 per share on Tuesday, February 17th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Monday, February 2nd.

First Trust Intermediate Duration Preferred & Income Fund Stock Performance

Shares of NYSE:FPF opened at $18.92 on Friday. The firm has a fifty day moving average price of $18.69 and a 200 day moving average price of $18.88. First Trust Intermediate Duration Preferred & Income Fund has a fifty-two week low of $15.60 and a fifty-two week 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.