First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) to Issue Dividend Increase – $0.53 Per Share

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.5259 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 55.2% increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.34.

First Trust Large Cap Value AlphaDEX Fund Trading Down 1.2%

Shares of FTA stock opened at $97.06 on Thursday. The firm has a market capitalization of $1.34 billion, a P/E ratio of 13.54 and a beta of 0.79. First Trust Large Cap Value AlphaDEX Fund has a 1 year low of $81.12 and a 1 year high of $104.95. The firm’s fifty day simple moving average is $101.70 and its 200 day simple moving average is $97.05.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.