Shares of First Trust Intermediate Duration Preferred & Income Fund (NYSE:FPF – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.62 and traded as high as $19.53. First Trust Intermediate Duration Preferred & Income Fund shares last traded at $19.48, with a volume of 148,166 shares traded.
First Trust Intermediate Duration Preferred & Income Fund Trading Up 1.0 %
The company’s 50-day moving average price is $18.62 and its 200-day moving average price is $18.02.
First Trust Intermediate Duration Preferred & Income Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.1375 per share. This represents a $1.65 annualized dividend and a dividend yield of 8.47%. The ex-dividend date is Tuesday, October 1st.
Institutional Inflows and Outflows
First Trust Intermediate Duration Preferred & Income Fund 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.
Featured Articles
- Five stocks we like better than First Trust Intermediate Duration Preferred & Income Fund
- Are Penny Stocks a Good Fit for Your Portfolio?
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Where Do I Find 52-Week Highs and Lows?
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- 3 Tickers Leading a Meme Stock Revival
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for First Trust Intermediate Duration Preferred & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Intermediate Duration Preferred & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.