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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 December

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 December 16, 2024, to shareholders of record as of December 2, 2024. The ex-dividend date is expected to be December 2, 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 November 19, 2024 NAV of $19.59:8.42%Distribution Rate based on the November 19, 2024 closing market price of $18.61:8.87%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 t Show less Read more
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