First Trust United Kingdom AlphaDEX Fund Plans Quarterly Dividend of $0.36 (NASDAQ:FKU)

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.3619 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, September 24th.

First Trust United Kingdom AlphaDEX Fund Price Performance

Shares of NASDAQ FKU opened at $54.09 on Thursday. The company has a market cap of $35.16 million, a P/E ratio of 11.78 and a beta of 0.86. First Trust United Kingdom AlphaDEX Fund has a 1 year low of $45.82 and a 1 year high of $57.88. The firm has a 50-day simple moving average of $55.76 and a two-hundred day simple moving average of $53.82.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

An institutional investor recently raised its position in First Trust United Kingdom AlphaDEX Fund stock. First Trust Advisors LP grew its stake in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 52.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,149,823 shares of the company’s stock after acquiring an additional 395,709 shares during the period. First Trust Advisors LP owned 153.31% of First Trust United Kingdom AlphaDEX Fund worth $57,907,000 at the end of the most recent reporting period.

First Trust United Kingdom AlphaDEX Fund Company Profile

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.