First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Increases Dividend to $0.30 Per Share

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.298 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 48.0% increase from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.20.

First Trust Small Cap Value AlphaDEX Fund Trading Up 1.2%

Shares of NASDAQ FYT opened at $68.67 on Thursday. The firm has a market capitalization of $188.86 million, a P/E ratio of 10.91 and a beta of 0.98. The firm’s 50-day moving average price is $66.28 and its 200-day moving average price is $62.78. First Trust Small Cap Value AlphaDEX Fund has a 1-year low of $49.50 and a 1-year high of $69.42.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.