First Trust Intermediate Duration Preferred & Income Fund (FPF) to Issue Dividend of $0.14 on October 15th

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a dividend on Thursday, September 19th, NASDAQ reports. Stockholders of record on Tuesday, October 1st will be given a dividend of 0.1375 per share on Tuesday, October 15th. The ex-dividend date of this dividend is Tuesday, October 1st.

First Trust Intermediate Duration Preferred & Income Fund has decreased its dividend payment by an average of 7.4% annually over the last three years.

First Trust Intermediate Duration Preferred & Income Fund Price Performance

Shares of First Trust Intermediate Duration Preferred & Income Fund stock opened at $19.28 on Friday. First Trust Intermediate Duration Preferred & Income Fund has a 52-week low of $13.91 and a 52-week high of $19.31. The business’s 50 day simple moving average is $18.51 and its 200 day simple moving average is $17.96.

About First Trust Intermediate Duration Preferred & Income Fund

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.