FPF (First Trust Inter Dur Pref&ome Fund) Dividend Payout Ratio: 0.36 (As of Oct. 2025) — 10% Below Median

What is First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio?

First Trust Inter Dur Pref&ome Fund FPF +0.22% 31 Dividend Payout Ratio is 0.36 as of Oct. 2025, which is 10% below its 10-year median of 0.40. GuruFocus rates FPF with a GF Score™ of 31/100. The stock has 9 warning signs investors should review. Among 935 Asset Management companies, First Trust Inter Dur Pref&ome Fund ranks worse than 56.79% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the months ended in Oct. 2025 was 0.36.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Trust Inter Dur Pref& Income Fund is 0.84, which seems too high.

The historical rank and industry rank for First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio or its related term are showing as below:

FPF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.4 Max: 0.84
Current: 0.84

During the past 9 years, the highest Dividend Payout Ratio of First Trust Inter Dur Pref&ome Fund was 0.84. The lowest was 0.16. And the median was 0.40.

FPF's Dividend Payout Ratio is ranked worse than
56.79% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs FPF: 0.84

As of today (2026-06-26), the Dividend Yield % of First Trust Inter Dur Pref&ome Fund is 9.12%.

During the past 9 years, the highest Trailing Annual Dividend Yield of First Trust Inter Dur Pref&ome Fund was 11.18%. The lowest was 1.95%. And the median was 7.77%.

First Trust Inter Dur Pref&ome Fund's Dividends per Share for the months ended in Oct. 2025 was $0.83.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.90% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Inter Dur Pref&ome Fund was 48.10% per year. The lowest was -6.30% per year. And the median was -0.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

First Trust Inter Dur Pref&ome Fund (NYSE:FPF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio Related Terms

First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio Chart

First Trust Inter Dur Pref&ome Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Dividend Payout Ratio

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0.40

0.00

0.36

0.84

First Trust Inter Dur Pref&ome Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25
Dividend Payout Ratio	Get a 7-Day Free Trial												5.38	0.30	0.45	0.00	0.36

FPF vs AOD, EVV, HQH: Dividend Payout Ratio Comparison

For the Asset Management subindustry, First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio falls into.

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First Trust Inter Dur Pref& Income Fund FPF

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First Trust Inter Dur Pref&ome Fund Dividend Payout Ratio Calculation

First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2025 )	/	EPS without NRI (A: Oct. 2025 )
	=	1.65	/	1.97
	=	0.84

First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2025 )	/	EPS without NRI (Q: Oct. 2025 )
	=	0.825	/	2.27
	=	0.36

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.36 mean?

First Trust Inter Dur Pref&ome Fund (FPF) has a Dividend Payout Ratio of 0.36 as of Oct. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Trust Inter Dur Pref&ome Fund and its competitors. This is 10% below median its historical median of 0.40. Over the past decade, First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio has ranged from 0.16 to 0.84. According to the industry distribution chart, First Trust Inter Dur Pref&ome Fund ranks #531 out of 935 companies in the Asset Management industry, placing it in the top 56.8%.

Is First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio too high?

First Trust Inter Dur Pref&ome Fund's current Dividend Payout Ratio of 0.36 is 10% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.84. The Asset Management industry median Dividend Payout Ratio is 0.71. First Trust Inter Dur Pref&ome Fund's value of 0.36 is 49.3% below this industry median. Based on the distribution chart, First Trust Inter Dur Pref&ome Fund ranks #531 out of 935 companies in the Asset Management industry, which is below the industry midpoint. Overall, First Trust Inter Dur Pref&ome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.

How does First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio compare to AOD and EVV?

According to the Asset Management industry distribution chart, First Trust Inter Dur Pref&ome Fund ranks #531 out of 935 companies for Dividend Payout Ratio. This places First Trust Inter Dur Pref&ome Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. First Trust Inter Dur Pref&ome Fund's value of 0.36 is 49.3% below this benchmark. Historically, First Trust Inter Dur Pref&ome Fund's own Dividend Payout Ratio has ranged from 0.16 to 0.84 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.71, First Trust Inter Dur Pref&ome Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Asset Management company?

The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Inter Dur Pref&ome Fund's current Dividend Payout Ratio of 0.36 is 49.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Trust Inter Dur Pref&ome Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Inter Dur Pref&ome Fund's current Dividend Payout Ratio is 0.36, which is 10% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Trust Inter Dur Pref&ome Fund stock overvalued right now?

First Trust Inter Dur Pref&ome Fund (FPF) has a current Dividend Payout Ratio of 0.36. The current Dividend Payout Ratio is 0.36, which is 10% below median its 10-year median of 0.40 and 49.3% below the Asset Management industry median of 0.71. First Trust Inter Dur Pref&ome Fund's overall GF Score™ is 31/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For First Trust Inter Dur Pref&ome Fund (FPF), the current Dividend Payout Ratio is 0.36 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Trust Inter Dur Pref&ome Fund Business Description

Industry Financial Services Asset Management

Comparable Companies AOD EVV HQH PTA BTX CII CHY OCSL CRF ETW BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website https://www.ftportfolios.com

First Trust Inter Dur Pref& Income Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek a high level of current income. Further, it has a secondary objective of capital appreciation. The Fund invests in the traditional preferred securities, hybrid preferred securities, floating rate & fixed-to-floating rate preferred securities, debt securities, convertible securities, and contingent convertible securities issued by U.S. and non-U.S. companies. Its investment portfolio includes industries such as Banks, Insurance, Capital Markets, Electric Utilities, Oil, Gas & Consumable Fuels, Food Products, and others.

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