First Trust Europe AlphaDEX Fund (NASDAQ:FEP) to Issue Quarterly Dividend of $0.80

First Trust Europe AlphaDEX Fund (NASDAQ:FEPGet Free Report) announced a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be given a dividend of 0.7986 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date is Thursday, June 25th. This is a 948.0% increase from First Trust Europe AlphaDEX Fund’s previous quarterly dividend of $0.08.

First Trust Europe AlphaDEX Fund Stock Down 0.9%

First Trust Europe AlphaDEX Fund stock opened at $57.10 on Thursday. The company has a fifty day simple moving average of $58.51 and a 200-day simple moving average of $56.56. The firm has a market capitalization of $505.33 million, a price-to-earnings ratio of -86.52 and a beta of 0.89. First Trust Europe AlphaDEX Fund has a 52-week low of $46.87 and a 52-week high of $60.77.

First Trust Europe AlphaDEX Fund Company Profile

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The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.

Further Reading

Dividend History for First Trust Europe AlphaDEX Fund (NASDAQ:FEP)

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