First Trust Mega Cap AlphaDEX Fund (NASDAQ:FMK) announced a quarterly dividend on Friday, September 14th, Wall Street Journal reports. Shareholders of record on Monday, September 17th will be given a dividend of 0.0861 per share on Friday, September 28th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Friday, September 14th.

First Trust Mega Cap AlphaDEX Fund has raised its dividend by an average of 3.1% annually over the last three years.

Shares of NASDAQ FMK traded up $0.27 during midday trading on Friday, reaching $36.91. 647 shares of the company were exchanged, compared to its average volume of 2,365. First Trust Mega Cap AlphaDEX Fund has a one year low of $31.43 and a one year high of $36.96.

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