First Trust Intermediate Duration Preferred & Income Fund (FPF) Dividend Yield, History & Safety Analysis
First Trust Intermediate Duration Preferred & Income Fund (FPF) pays a high 9.05% dividend yield, or $1.65 per share annually at a stock price of $18.16. The payout ratio of 84% is elevated, which may indicate the dividend could be cut if earnings decline. Earnings cover the dividend 1.2x. Dividend growth is slowing — the 3-year CAGR of -7.6% trails the 5-year rate of -6.4% and the 10-year rate of -5.6%. The most recent ex-dividend date was June 1, 2026.
- Dividend Yield
- 9.05%
- Annual Dividend
- $1.65
- Payout Ratio
- 83.8%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-01
- Sector
- Financial Services
- Earnings Per Share
- $1.97
Frequently Asked Questions
What is FPF's current dividend yield?
First Trust Intermediate Duration Preferred & Income Fund (FPF) has a dividend yield of 9.05%, paying $1.65 per share annually.
How often does FPF pay dividends?
First Trust Intermediate Duration Preferred & Income Fund typically pays dividends on a quarterly basis. The annual dividend totals $1.65 per share.
Is FPF's dividend safe?
First Trust Intermediate Duration Preferred & Income Fund's dividend safety is rated "At Risk." The payout ratio of 84% is elevated, which may indicate the dividend could be cut if earnings decline. Earnings cover the dividend 1.2x.
When is FPF's next ex-dividend date?
The most recent ex-dividend date for First Trust Intermediate Duration Preferred & Income Fund was June 1, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is FPF's dividend growth rate?
First Trust Intermediate Duration Preferred & Income Fund has a 5-year dividend compound annual growth rate (CAGR) of -6.4%. The 10-year CAGR is -5.6%.
What is FPF's payout ratio?
First Trust Intermediate Duration Preferred & Income Fund has a payout ratio of 84%, meaning it distributes 84% of its earnings as dividends. This is elevated and may limit future increases.
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