Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Dividend Discount Model

First Trust Intermediate Duration Preferred & Income Fund

Ticker: FPF | Industry: Asset Management - Income | Sector: Financial Services
$18.88 -0.05 (-0.26%)
As of: 2026-01-15

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$37.16 - $49.34$43.18
Multi-Stage DDM$41.90 - $46.16$43.99
Blended Fair Value$43.58
Stock Price$18.52

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS1.6201.3221.5041.5281.5911.7031.7601.8841.9482.107
YoY %22.52%-12.11%-1.53%-3.98%-6.56%-3.26%-6.59%-3.24%-7.59%10.28%
Yield8.750%7.141%8.125%8.251%8.594%9.197%9.507%10.178%10.519%11.383%

CAGRValue
5 Year-0.99%
10 Year-1.64%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-4.51% to -2.51%-3.51%
WACC9.00%9.00%
Fair Value$37.16 - $49.34$43.18

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income276.78276.78276.78
(=) Cash Required55.3634.6020.76
Cash Retained276.78276.78276.78
(-) Cash Required-55.36-34.60-20.76
(=) Excess Retained221.43242.18256.02
(/) Shares Outstanding60,847,82760,847,82760,847,827
(=) Excess Retained per Share3.643.984.21
LTM Dividend per Share1.6201.6201.620
(+) Excess Retained per Share3.643.984.21
(=) Adjusted Dividend5.2595.6005.828

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income276.78267.05257.67248.61239.87231.44
Payout Ratio35.6%25.0%41.0%57.0%73.0%90.0%
Projected Dividends98.5766.76105.64141.71175.11208.30

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV63.2963.9564.61
Year 2 PV90.9292.8394.77
Year 3 PV110.73114.24117.83
Year 4 PV124.23129.51134.97
Year 5 PV134.17141.34148.82
TV PV2,026.452,134.812,247.76
Equity Value2,549.782,676.692,808.75
Fair Value$41.90$43.99$46.16
Stock Price$18.52$18.52$18.52

Top Dividend Stocks

US Market Global Market
« 1 »
Ticker Company Name Yield % DPS Payout %
ATOM3.SA Atom Empreendimentos e Participações S.A. 19.90% $0.58 71.92%
3698.HK Huishang Bank Corporation Limited 19.56% $0.64 28.80%
SVAV.ME Sollers Public Joint Stock Company 19.34% $110.64 40.44%
0536.HK Tradelink Electronic Commerce Limited 19.33% $0.20 86.09%
3658.HK New Hope Service Holdings Limited 19.28% $0.37 66.51%
0123.HK Yuexiu Property Company Limited 19.19% $0.77 90.88%
0N7I.L Cairo Communication S.p.A. 19.19% $0.36 54.94%
1798.HK China Datang Corporation Renewable Power Co., Limited 19.01% $0.40 63.00%
LBS.TO Life & Banc Split Corp. 19.00% $2.25 40.31%
HMSB.DE H & M Hennes & Mauritz AB (publ) 18.98% $3.26 47.98%
0608.HK High Fashion International Limited 18.79% $0.31 50.08%
0U8N.L Credicorp Ltd. 18.72% $53.82 66.14%
CAAS China Automotive Systems, Inc. 18.61% $0.80 72.30%
KRSB.ME PJSC Krasnoyarskenergosbyt 18.38% $4.07 82.55%
1127.HK Lion Rock Group Limited 18.37% $0.25 47.23%
HAVAS.AS Havas S.A. 18.35% $3.14 90.23%
1480.HK Yan Tat Group Holdings Limited 18.33% $0.22 49.33%
NA-PC.TO National Bank of Canada 18.32% $4.93 48.59%
1412.HK Q P Group Holdings Limited 18.24% $0.29 73.74%
FVJ.F Fortescue Metals Group Limited 18.16% $2.27 76.64%
YATO.MC Atom Hoteles SOCIMI, S.A. 18.06% $2.85 68.99%
0327.HK PAX Global Technology Limited 17.98% $0.92 61.66%
1MO.F Hello Group Inc. 17.92% $1.04 40.52%
PIN.BK Pinthong Industrial Park Public Company Limited 17.92% $0.76 80.79%
1883.HK CITIC Telecom International Holdings Limited 17.86% $0.44 87.51%
6896.HK Golden Throat Holdings Group Company Limited 17.79% $0.55 76.14%
VOT.WA Votum S.A. 17.65% $8.15 59.83%
ALTUR.PA Altur Investissement SCA, SCR 17.58% $1.93 37.11%
O7F1.F Odfjell SE 17.55% $1.78 73.02%
2219.HK Chaoju Eye Care Holdings Limited 17.38% $0.47 84.16%
001390.KS KG Chemical Corporation 17.24% $884.51 97.69%
2360.HK Best Mart 360 Holdings Limited 17.23% $0.35 82.20%
ALSAS.PA Stradim Espace Finances S.A. 17.16% $0.80 55.65%
9615.SR Mufeed Company 17.11% $5.39 35.54%
LPPF.JK PT Matahari Department Store Tbk 17.09% $300.00 82.85%
0LNT.L Fugro N.V. 17.06% $1.52 39.50%
0458.HK Tristate Holdings Limited 17.02% $0.31 33.15%
2283.HK TK Group (Holdings) Limited 16.99% $0.43 72.10%
1263.HK PC Partner Group Limited 16.85% $0.90 63.10%
2603.TW Evergreen Marine Corporation (Taiwan) Ltd. 16.83% $32.49 77.53%
ALHRG.PA Herige 16.78% $3.66 97.55%
TD-PFJ.TO The Toronto-Dominion Bank NCUM 5Y PFD SR18 16.67% $4.38 36.07%
S7MB.BE Securitas AB (publ) 16.59% $2.25 23.09%
1184.HK S.A.S. Dragon Holdings Limited 16.56% $0.75 52.32%
PBR-A Petróleo Brasileiro S.A. - Petrobras 16.54% $1.87 86.52%
VRLA.PA Verallia S.A. 16.47% $3.83 97.79%
6668.HK E-Star Commercial Management Company Limited 16.42% $0.23 72.71%
0098.HK Xingfa Aluminium Holdings Limited 16.13% $1.17 29.94%
ING.AX Inghams Group Limited 16.09% $0.41 79.67%
1234.HK China Lilang Limited 16.04% $0.54 66.61%