First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Declares Dividend Increase – $0.54 Per Share

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.5387 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, September 24th. This is a 55.3% increase from First Trust Multi Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.35.

First Trust Multi Cap Value AlphaDEX Fund Stock Performance

Shares of First Trust Multi Cap Value AlphaDEX Fund stock opened at $100.63 on Thursday. First Trust Multi Cap Value AlphaDEX Fund has a one year low of $83.76 and a one year high of $108.60. The business has a 50-day simple moving average of $105.77 and a 200-day simple moving average of $100.68. The company has a market cap of $161.00 million, a PE ratio of 11.94 and a beta of 0.87.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.