First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Plans Quarterly Dividend of $0.54

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) announced 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) dividend on an annualized basis 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 Down 0.8%

NASDAQ FAB opened at $101.24 on Thursday. The stock’s 50-day moving average price is $105.77 and its 200-day moving average price is $100.68. First Trust Multi Cap Value AlphaDEX Fund has a 52 week low of $83.76 and a 52 week high of $108.60. The company has a market capitalization of $161.98 million, a P/E 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.