First Trust Multi Cap Value AlphaDEX Fund (FAB) to Issue Quarterly Dividend of $0.54 on September 30th

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.5387 per share on Wednesday, September 30th. This represents a $2.15 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 55.3% increase from First Trust Multi Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.3468.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.9%

FAB stock opened at $100.28 on Friday. The stock has a 50-day moving average price of $105.68 and a two-hundred day moving average price of $100.72. First Trust Multi Cap Value AlphaDEX Fund has a 12-month low of $83.76 and a 12-month high of $108.60. The company has a market cap of $160.45 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.