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

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) announced a monthly dividend on Thursday, November 20th. Shareholders 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 of this dividend is Monday, December 1st.

First Trust Intermediate Duration Preferred & Income Fund Trading Down 0.9%

NYSE:FPF opened at $18.44 on Friday. The company has a fifty day moving average price of $19.00 and a 200 day moving average price of $18.75. First Trust Intermediate Duration Preferred & Income Fund has a one year low of $15.60 and a one year 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.