First Trust Intermediate Duration Preferred & Income Fund: Key Dividend Insights Before the Ex-Dividend Date on Jun 2, 2025
CashCowThursday, May 29, 2025 7:07 pm ET
1min readFirst Trust Intermediate Duration Preferred & Income Fund (FPF) recently announced a dividend of $0.138 per share, consistent with the average of the last ten dividends of $0.138 per share. The ex-dividend date is set for Jun 2nd, 2025, with the dividend payable on Jun 16th, 2025. This cash dividend follows a similar distribution on May 15th, 2025, maintaining the same per-share amount.
Recently, First Trust Intermediate Duration Preferred & Income Fund declared its monthly common share distribution of $0.138 per share for June, reinforcing its commitment to providing consistent dividends to shareholders. Analysts have noted mixed signals in FPF's stock performance, citing a sell signal from a pivot top point on May 16th, 2025. Despite these fluctuations, the fund's forward dividend yield remains robust at 9.07%, with an annual forward payout of $1.65. Over the past week, First Trust Advisors L.P. announced the launch of the First Trust Balanced Income ETF, aiming to provide a balanced investment approach across multiple asset classes, including equity, fixed income, and commodities. This strategic move is seen as an effort to diversify income sources and enhance portfolio stability, drawing interest from investors seeking reliable income-generating opportunities.
FPF's dividend history remains a focal point for investors, as recent updates indicate a slight decrease in its five-year growth rate by -1.31%. However, the fund's one-year dividend growth remains positive, signaling a stable outlook for future dividends. As of late, market analysts have highlighted the significance of maintaining a diversified portfolio, particularly in light of the recent fluctuations in dividend growth rates and stock signals. The fund's strategic initiatives, including the introduction of a balanced income ETF, are expected to bolster its market performance and attract investors seeking diversified income streams.
In conclusion, First Trust Intermediate Duration Preferred & Income Fund continues to offer stable dividend payments, with the ex-dividend date on Jun 2nd, 2025 marking the last opportunity for investors to purchase shares and qualify for the upcoming dividend distribution. Purchases made after this date will not be eligible for this dividend.
Recently, First Trust Intermediate Duration Preferred & Income Fund declared its monthly common share distribution of $0.138 per share for June, reinforcing its commitment to providing consistent dividends to shareholders. Analysts have noted mixed signals in FPF's stock performance, citing a sell signal from a pivot top point on May 16th, 2025. Despite these fluctuations, the fund's forward dividend yield remains robust at 9.07%, with an annual forward payout of $1.65. Over the past week, First Trust Advisors L.P. announced the launch of the First Trust Balanced Income ETF, aiming to provide a balanced investment approach across multiple asset classes, including equity, fixed income, and commodities. This strategic move is seen as an effort to diversify income sources and enhance portfolio stability, drawing interest from investors seeking reliable income-generating opportunities.
FPF's dividend history remains a focal point for investors, as recent updates indicate a slight decrease in its five-year growth rate by -1.31%. However, the fund's one-year dividend growth remains positive, signaling a stable outlook for future dividends. As of late, market analysts have highlighted the significance of maintaining a diversified portfolio, particularly in light of the recent fluctuations in dividend growth rates and stock signals. The fund's strategic initiatives, including the introduction of a balanced income ETF, are expected to bolster its market performance and attract investors seeking diversified income streams.
In conclusion, First Trust Intermediate Duration Preferred & Income Fund continues to offer stable dividend payments, with the ex-dividend date on Jun 2nd, 2025 marking the last opportunity for investors to purchase shares and qualify for the upcoming dividend distribution. Purchases made after this date will not be eligible for this dividend.
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