Comprehensive Overview of First Trust Intermediate Duration Preferred & Income Fund: Key Dividend Information and Recent Developments Before the Ex-Dividend Date on Jul 1, 2025

First Trust Intermediate Duration Preferred & Income Fund (FPF) has announced its upcoming dividend details, providing investors with essential information. The ex-dividend date is set for Jul 1, 2025, with the announcement made on Jun 18, 2025, and the dividend distribution scheduled for Jul 15, 2025. The dividend per share is $0.138, which matches the average of the last ten dividend periods. This consistency reflects FPF's stable dividend performance. The previous dividend was distributed on Jun 16, 2025, maintaining the same amount per share. The dividend type for both periods is cash dividend.

Recently, First Trust Intermediate Duration Preferred & Income Fund has captured the attention of investors with significant developments. As of late, the fund declared its monthly common share distribution of $0.138 per share for July, reinforcing its commitment to regular payouts. Analysts have noted that FPF's dividend yield is 8.86%, with an annual payout of $1.65, indicating strong financial health despite a -1.20% five-year growth rate.

Since the last update, First Trust Advisors L.P. announced distributions for 152 exchange-traded funds, which includes FPF. This expansion of their ETF lineup demonstrates the company's strategic growth in the asset management industry. Over the past week, discussions about bid-ask spreads have emerged, highlighting real-time market data powered by Nasdaq Basic. This feature aids investors in optimizing their trading strategies, reflecting FPF's adaptability to market dynamics.

In conclusion, First Trust Intermediate Duration Preferred & Income Fund continues to show resilience and strategic growth, maintaining its dividend consistency and expanding its ETF lineup. Investors should note that Jul 1, 2025, marks the ex-dividend date, and purchasing shares on or before this date ensures entitlement to the dividend distribution. Any acquisitions post-July 1 will not qualify for the upcoming dividend payout.