DIVIDEND ANNOUNCEMENT: First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) on 03/20/2023 declared a dividend of $0.1075 per share

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) on 03/20/2023 declared a dividend of $ 0.1075 per share payable on April 17, 2023 to shareholders of record as of April 04, 2023. Dividend amount recorded is a decrease of $ 0.005 from last dividend Paid.

First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF) has paid dividends since 2013, has a current dividend yield of 9.0616960526% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 15.56 and has a 52 week low/high of $ 15.54 and $ 22.23.

First Trust Intermediate Duration Preferred & Income Fund is a non-diversified, closed-end management investment company. The primary investment objective is to seek a high level of current income. The Fund has a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing, under normal market conditions, at least 80% of its managed assets in preferred securities and other income producing securities issued by United States and non-United States companies.

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