First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) Insider Purchases $115,875.00 in Stock
First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) insider Scott T. Fleming bought 7,500 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were acquired at an average price of $15.45 per share, for a total transaction of $115,875.00.
Shares of First Trust Intrmdt Drtn Prfrd & Incm Fd stock opened at $17.32 on Thursday. First Trust Intrmdt Drtn Prfrd & Incm Fd has a 1 year low of $10.75 and a 1 year high of $24.84. The firm’s 50-day moving average is $21.84 and its two-hundred day moving average is $23.30.
The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Thursday, April 2nd will be issued a dividend of $0.132 per share. This represents a $1.58 annualized dividend and a yield of 9.15%. The ex-dividend date of this dividend is Wednesday, April 1st.
First Trust Intrmdt Drtn Prfrd & Incm Fd 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.
Featured Story: What are the most popular ETFs
Receive News & Ratings for First Trust Intrmdt Drtn Prfrd & Incm Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Intrmdt Drtn Prfrd & Incm Fd and related companies with MarketBeat.com's FREE daily email newsletter.