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 Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 0.1375 per share on Monday, December 16th. The ex-dividend date is Monday, December 2nd.

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 Price Performance

Shares of FPF traded up $0.08 during midday trading on Thursday, reaching $18.68. The stock had a trading volume of 115,721 shares, compared to its average volume of 157,055. The company’s fifty day simple moving average is $19.06 and its two-hundred day simple moving average is $18.44. First Trust Intermediate Duration Preferred & Income Fund has a 1-year low of $15.50 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.