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

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a monthly dividend on Thursday, December 18th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.1375 per share on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Wednesday, December 31st.

First Trust Intermediate Duration Preferred & Income Fund Price Performance

NYSE FPF opened at $18.55 on Friday. The business has a 50 day simple moving average of $18.71 and a 200 day simple moving average of $18.83. First Trust Intermediate Duration Preferred & Income Fund has a 52-week low of $15.60 and a 52-week high of $19.75.

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.