First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) to Issue Dividend Increase – $1.10 Per Share

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKUGet Free Report) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 1.0965 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 598.9% increase from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.16.

First Trust United Kingdom AlphaDEX Fund Price Performance

Shares of NASDAQ FKU opened at $53.27 on Thursday. The company has a market cap of $39.95 million, a PE ratio of 11.78 and a beta of 0.86. First Trust United Kingdom AlphaDEX Fund has a 12 month low of $45.51 and a 12 month high of $56.74. The company has a 50-day simple moving average of $53.50 and a 200-day simple moving average of $52.65.

First Trust United Kingdom AlphaDEX Fund Company Profile

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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.

Further Reading

Dividend History for First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU)

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