AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
First Trust Declares $0.1375 Monthly Distribution for September
ByAinvest
Wednesday, Aug 20, 2025 4:12 pm ET1min read
First Trust Intermediate Duration Preferred & Income Fund declared a monthly common share distribution of $0.1375 per share for September, with the ex-dividend date expected to be September 2, 2025. The distribution rate based on the August 19, 2025 NAV was 8.43%, and based on the closing market price was 8.71%. The majority of the distribution will be paid out of net investment income earned by the fund.
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet