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

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) declared a dividend on Monday, October 21st, NASDAQ reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.1375 per share on Friday, November 15th. The ex-dividend date is Friday, November 1st.

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

First Trust Intermediate Duration Preferred & Income Fund Stock Performance

NYSE:FPF opened at $19.28 on Wednesday. The stock’s 50-day moving average is $19.04 and its 200-day moving average is $18.22. First Trust Intermediate Duration Preferred & Income Fund has a 1-year low of $13.91 and a 1-year high of $19.74.

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.