First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) to Issue Quarterly Dividend of $0.25

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) announced a quarterly dividend on Wednesday, March 25th. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.252 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Thursday, March 26th.

First Trust Mid Cap Value AlphaDEX Fund Stock Up 0.7%

NASDAQ:FNK opened at $57.26 on Thursday. The firm’s fifty day simple moving average is $58.79 and its 200-day simple moving average is $56.47. The stock has a market cap of $206.14 million, a PE ratio of 10.44 and a beta of 1.08. First Trust Mid Cap Value AlphaDEX Fund has a fifty-two week low of $42.68 and a fifty-two week high of $61.27.

First Trust Mid Cap Value AlphaDEX Fund Company Profile

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.