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

by · The Cerbat Gem

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT – Get Free Report) declared a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.298 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a 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 Stock Up 1.2%

First Trust Small Cap Value AlphaDEX Fund stock opened at $68.67 on Thursday. First Trust Small Cap Value AlphaDEX Fund has a twelve month low of $49.50 and a twelve month high of $69.42. The firm has a 50 day moving average price of $66.28 and a 200-day moving average price of $62.78. The company has a market capitalization of $188.86 million, a P/E ratio of 10.91 and a beta of 0.98.

First Trust Small Cap Value AlphaDEX Fund Company Profile

(Get Free Report)

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.

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