First Trust Intermediate Duration Preferred & Income Fund Announces Monthly Dividend of $0.14 (NYSE:FPF)

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a monthly dividend on Thursday, November 20th. Investors of record on Monday, December 1st will be given a dividend of 0.1375 per share on Monday, December 15th. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date is Monday, December 1st.

First Trust Intermediate Duration Preferred & Income Fund Stock Performance

NYSE FPF opened at $18.44 on Friday. First Trust Intermediate Duration Preferred & Income Fund has a 1 year low of $15.60 and a 1 year high of $19.75. The stock’s 50-day moving average price is $19.00 and its two-hundred day moving average price is $18.75.

First Trust Intermediate Duration Preferred & Income Fund Company Profile

First Trust Intermediate Duration Preferred & Income Fund is a closed end fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Stonebridge Advisors, LLC. It invests in fixed income markets. The fund will also invest in below investment-grade securities like junk or high-yield securities.