Dividend Information About First Trust Intermediate Duration Preferred & Income Fund: Everything You Need to Know Before Its Ex-Dividend Date on Sep 2, 2025

First Trust Intermediate Duration Preferred & Income Fund (FPF) has recently announced its upcoming dividend payment, with a record of $0.1375 per share. The ex-dividend date is set for Sep 2, 2025, while the dividend will be distributed on Sep 15, 2025. The announcement date was Aug 20, 2025, and this payment is in the form of a cash dividend. Interestingly, the average of the last 10 dividend payments is also $0.1375, which means this upcoming payout is consistent with the fund’s recent performance. Investors should note that the last dividend was issued on Aug 15, 2025, also at $0.1375 per share, and it was also a cash dividend. These consistent payments reflect a stable income strategy, which is central to FPF’s objective of delivering a high level of income to investors.

Over the past week, FPF has remained in the spotlight due to several notable developments. Analysts have recently highlighted the fund’s latest declared dividend of $0.14, aligning with the recent announcement. The ex-dividend and record date both fall on Sep 2, 2025, while the payout is expected on Sep 15, 2025. This consistency in dividend declaration is a key factor in the fund’s appeal to income-focused investors. Additionally, as of late, reports have underscored FPF’s dividend yield of approximately 0.086, reflecting its position in the market relative to other closed-end funds. The fund has also been trading at a discount to its net asset value, currently at around -2.2%, which has sparked discussions among investors and analysts regarding its valuation and potential for future performance. Furthermore, recent market commentary has emphasized FPF’s strategy and its positioning within the broader landscape of closed-end funds, which focus on generating income through preferred securities and other fixed-income instruments.

In conclusion, FPF continues to demonstrate a stable and predictable dividend strategy, making it a reliable option for income-oriented investors. The ex-dividend date of Sep 2, 2025, marks the final day for investors to purchase shares and still be eligible for the dividend payment. Any shares acquired after this date will not qualify for the upcoming payout. Investors are advised to monitor the fund’s performance and consider its recent developments when making investment decisions.