On September 1, 2026, First Trust Intermediate Duration Preferred & Income Fund (ticker: FPF) will trade ex-dividend, distributing its monthly dividend of $0.1375. This payout, set for September 15, 2026, represents approximately 0.77% of FPF’s recent stock price of $17.82. Consequently, shares are expected to open at a reduced price reflecting this dividend payment.
Over the past year, FPF shares have fluctuated between a low of $17.21 and a high of $19.75, with a recent trade at $17.84. The estimated annual yield stands at 9.26%, providing an insight into the stock’s potential return on investment going forward.
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