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

by · The Cerbat Gem

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU – Get Free Report) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 1.0965 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis 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 Stock Performance

Shares of FKU stock opened at $53.27 on Thursday. First Trust United Kingdom AlphaDEX Fund has a fifty-two week low of $45.51 and a fifty-two week high of $56.74. The firm has a market capitalization of $39.95 million, a PE ratio of 11.78 and a beta of 0.86. The stock’s 50-day simple moving average is $53.50 and its 200-day simple moving average is $52.65.

First Trust United Kingdom AlphaDEX Fund Company Profile

(Get Free Report)

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