First Trust Intrmdt Drtn Prfrd & Incm Fd Announces Monthly Dividend of $0.13 (NYSE:FPF)

First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF) announced a monthly dividend on Wednesday, November 20th, Zacks reports. Shareholders of record on Tuesday, December 3rd will be given a dividend of 0.132 per share on Monday, December 16th. This represents a $1.58 annualized dividend and a dividend yield of 6.56%. The ex-dividend date of this dividend is Monday, December 2nd.

NYSE:FPF opened at $24.16 on Friday. The stock’s 50-day simple moving average is $23.82 and its 200 day simple moving average is $23.15. First Trust Intrmdt Drtn Prfrd & Incm Fd has a 52-week low of $18.15 and a 52-week high of $24.40.

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.

Further Reading: How to Invest in an Index Fund

Dividend History for First Trust Intrmdt Drtn Prfrd & Incm Fd (NYSE:FPF)

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