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Stock impact report

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for October [Yahoo! Finance]

First Trust Intermediate Duration Preferred & Income Fund Common Shares of Beneficial Interest (FPF) 
Company Research Source: Yahoo! Finance
Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund FPF Distribution per share: Distribution Rate based on the September 18, 2024 NAV of $19.88: Distribution Rate based on the September 18, 2024 closing market price of $19.06: The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of this distribution may come from net short-term realized capital gains or return of capital. The final determination of the source and tax status of all 2024 distributions will be made after the end of 2024 and will be provided on Form 1099-DIV. The Fund has a pract Show less Read more
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