First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Declares Dividend Increase – $0.41 Per Share

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.4106 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 24th. This is a 54.4% increase from First Trust Mid Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.27.

First Trust Mid Cap Core AlphaDEX Fund Price Performance

Shares of NASDAQ FNX opened at $137.06 on Thursday. The business has a fifty day moving average price of $143.91 and a two-hundred day moving average price of $139.45. The stock has a market capitalization of $1.32 billion, a PE ratio of 14.19 and a beta of 1.05. First Trust Mid Cap Core AlphaDEX Fund has a fifty-two week low of $117.48 and a fifty-two week high of $147.98.

About First Trust Mid Cap Core AlphaDEX Fund

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.