First Trust Inter Dur Pref&ome Fund (First Trust Inter Dur Pref&ome Fund) Dividend Payout Ratio : 5.38 (As of Oct. 2023)

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

First Trust Inter Dur Pref&ome Fund's dividend payout ratio for the months ended in Oct. 2023 was 5.38.

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:

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.

FPF's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.81
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-12), the Dividend Yield % of First Trust Inter Dur Pref&ome Fund is 8.45%.

During the past 7 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 7.57%.

First Trust Inter Dur Pref&ome Fund's Dividends per Share for the 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 Payout Ratio Historical Data

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.

* Premium members only.

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

Dividend Payout Ratio

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0.52

0.40

First Trust Inter Dur Pref&ome Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.71	-	-	-	5.38

Competitive Comparison of First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	1.305	/	-0.39
	=	N/A

First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Oct. 2023 )	/	EPS without NRI (Q: Oct. 2023 )
	=	0.645	/	0.12
	=	5.38

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

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.

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

Thank you for viewing the detailed overview of First Trust Inter Dur Pref&ome Fund's Dividend Payout Ratio 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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Inter Dur Pref& Income Fund (NYSE:FPF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

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.

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