First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Declares Quarterly Dividend of $0.02

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) declared a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of 0.0218 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, March 26th. This is a 156.5% increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.0085.

First Trust Multi Cap Growth AlphaDEX Fund Price Performance

Shares of FAD opened at $162.01 on Thursday. The business has a 50-day moving average of $166.31 and a 200-day moving average of $163.45. First Trust Multi Cap Growth AlphaDEX Fund has a 1 year low of $113.03 and a 1 year high of $172.23. The company has a market capitalization of $396.91 million, a price-to-earnings ratio of 25.26 and a beta of 1.15.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.