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First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Dividend Yield % : 8.44% (As of May. 01, 2024)


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What is First Trust Inter Dur Pref&ome Fund Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of First Trust Inter Dur Pref&ome Fund is 8.44%.

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

FPF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.95   Med: 7.58   Max: 11.18
Current: 8.44

During the past 7 years, the highest Dividend Yield of First Trust Inter Dur Pref&ome Fund was 11.18%. The lowest was 1.95%. And the median was 7.58%.

FPF's Dividend Yield % is ranked better than
69.77% of 1214 companies
in the Asset Management industry
Industry Median: 5.625 vs FPF: 8.44

First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 5.38.

During the past 7 years, the highest Dividend Payout Ratio of First Trust Inter Dur Pref&ome Fund was 0.52. The lowest was 0.16. And the median was 0.40.

As of today (2024-05-01), the Forward Dividend Yield % of First Trust Inter Dur Pref&ome Fund is 9.67%.

First Trust Inter Dur Pref&ome Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.65.

During the past 12 months, First Trust Inter Dur Pref&ome Fund's average Dividends Per Share Growth Rate was -12.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.30% per year.

During the past 7 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 -4.40% per year.

The growth rate is calculated with least square regression.

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


First Trust Inter Dur Pref&ome Fund Dividend Yield % Historical Data

The historical data trend for First Trust Inter Dur Pref&ome Fund's Dividend Yield % 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.

* Premium members only.

First Trust Inter Dur Pref&ome Fund Dividend Yield % Chart

First Trust Inter Dur Pref&ome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
Get a 7-Day Free Trial 7.06 7.37 6.00 9.15 9.21

First Trust Inter Dur Pref&ome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 7.61 9.15 8.93 9.21

Competitive Comparison of First Trust Inter Dur Pref&ome Fund's Dividend Yield %

For the Asset Management subindustry, First Trust Inter Dur Pref&ome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Asset Management Industry

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

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



First Trust Inter Dur Pref&ome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Trust Inter Dur Pref&ome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1380002024-05-012024-05-022024-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1380002024-04-012024-04-022024-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1380002024-03-012024-03-042024-03-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1380002024-02-012024-02-022024-02-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1380002023-12-282023-12-292024-01-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.1380002023-12-012023-12-042023-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-11-012023-11-022023-11-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-10-022023-10-032023-10-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-09-012023-09-052023-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-08-012023-08-022023-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-07-032023-07-052023-07-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.1080002023-06-012023-06-022023-06-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Trust Inter Dur Pref&ome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.476/17.07
=8.65 %

Current Share Price is $17.07.
First Trust Inter Dur Pref&ome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.476.

First Trust Inter Dur Pref&ome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.656/17.07
=9.70 %

Current Share Price is $17.07.
First Trust Inter Dur Pref&ome Fund's Dividends per Share for the forward twelve months is calculated as $0.138 * 12 = $1.656.

* 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  (NYSE:FPF) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


First Trust Inter Dur Pref&ome Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of First Trust Inter Dur Pref&ome Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
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.
Executives
Scott T Fleming other: Officer-Investment Sub-Adviser STONEBRIDGE ADVISORS, LLC, 187 DANBURY ROAD, WILTON CT 06897
Eric David Weaver other: Portfolio Mgr. Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C101, WILTON CT 06897
Angelo D Graci other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Christopher John Brancazio other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Abigail K Mooney other: Officer-Investment Sub-Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Kevin J Patton other: Officer - Investment Advisor C/O STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C-101, WILTON CT 06897
Robert A Wolf other: Officer-Investment Sub-Adviser STONEBRIDGE ADVISORS LLC, 10 WESTPORT ROAD, SUITE C101, WILTON CT 06897
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Craig S Prichard director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Headlines

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