First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a monthly dividend on Tuesday, January 23rd, Wall Street Journal reports. Stockholders of record on Friday, February 2nd will be paid a dividend of 0.1525 per share on Thursday, February 15th. This represents a $1.83 annualized dividend and a dividend yield of 7.68%. The ex-dividend date is Thursday, February 1st.

First Trust Intermediate Duration Preferred & Income Fund has increased its dividend by an average of 0.4% per year over the last three years.

Shares of First Trust Intermediate Duration Preferred & Income Fund (NYSE FPF) traded up $0.29 on Tuesday, hitting $23.84. The stock had a trading volume of 265,637 shares, compared to its average volume of 263,452. First Trust Intermediate Duration Preferred & Income Fund has a twelve month low of $22.07 and a twelve month high of $25.10.

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First Trust Intermediate Duration Preferred & Income Fund Company Profile

First Trust Intermediate Duration Preferred & Income Fund (the Fund) is a non-diversified closed-end management investment company. The primary investment objective of the Fund is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund has investments in various industry sectors, such as banks; insurance; electric utilities; food products; capital markets; diversified telecommunication services; diversified financial services; wireless telecommunication services; consumer finance; oil, gas and consumable fuels; energy equipment and services; diversified financial services; independent power producers and renewable electricity producers; equity real estate investment trusts; metals and mining; multi-utilities; industrial conglomerates; transportation infrastructure; telecommunication services, and Internet software and services.

Dividend History for First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF)

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