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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 November

First Trust Intermediate Duration Preferred & Income Fund Common Shares of Beneficial Interest (FPF) 
Company Research Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration 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 November 15, 2024, to shareholders of record as of November 1, 2024. The ex-dividend date is expected to be November 1, 2024. The monthly distribution information for the Fund appears below.First Trust Intermediate Duration Preferred & Income Fund (FPF):Distribution per share:............................................................................................................... $0.1375Distribution Rate based on the October 18, 2024 NAV of $19.98:................................................... 8.26%Distribution Rate based on the October 18, 2024 closing market price of $19.35:............................ 8.53%The majority, and possibly all, of this distribution will be paid out of net investment income earned by the Fund. A portion of Show less Read more
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