First Trust Emerging Markets AlphaDEX Fund Declares Quarterly Dividend of $0.28 (NASDAQ:FEM)

Key Points

• The First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) has declared a quarterly dividend of $0.28 per share, payable on September 30th to stockholders of record as of September 25th.
• This dividend corresponds to an annualized yield of 4.2% based on the fund's current share price.
• The fund has a market capitalization of $462.06 million, with a 1-year price range between $19.74 and $28.88.

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report) announced a quarterly dividend on Wednesday, September 24th. Stockholders of record on Thursday, September 25th will be paid a dividend of 0.2827 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Thursday, September 25th.

First Trust Emerging Markets AlphaDEX Fund Trading Down 0.7%

Shares of FEM opened at $27.10 on Thursday. The firm's 50-day moving average price is $26.15 and its 200-day moving average price is $24.32. The firm has a market capitalization of $462.06 million, a price-to-earnings ratio of 9.20 and a beta of 0.85. First Trust Emerging Markets AlphaDEX Fund has a 1-year low of $19.74 and a 1-year high of $28.88.

First Trust Emerging Markets AlphaDEX Fund Company Profile

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.

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