SmarterDividends
FPF

First Trust Intermediate Duration Preferred & Income Fund

FPF

Financial Services · Stock · monthly payer

Forward Yield

9.21%

Annual Dividend

$1.65

Payout Ratio

84%

5-Yr Growth

0.7%

Ex-Date

Jun 1, 2026

Frequency

Monthly

Dividend Growth

Total dividends per share by year

What is FPF?

First Trust Intermediate Duration Preferred & Income Fund (FPF) is a Financial Services company that pays a monthly dividend currently yielding about 9.21%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 0.7% 5-yr dividend growth rate

Risks

  • Elevated payout ratio (83.76%) — less cushion
  • Short dividend growth history
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.21%
Payout Ratio
84%
Annual Dividend
$1.65
5-Yr Avg Growth
0.7%
Ex-Dividend Date
Jun 1, 2026
Years of Growth
2
Frequency
monthly
Beta
Market Cap
$1.1B
P/E Ratio
9.1

Frequently Asked Questions

Income Calculator

At $1.65 / yr per share

Per payment (monthly)$13.75
Annual$165.00
Monthly avg$13.75