First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Raises Dividend to $0.32 Per Share

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be given a dividend of 0.3239 per share on Monday, June 30th. This represents a $1.30 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date of this dividend is Thursday, June 26th. This is a 724.2% increase from First Trust Emerging Markets AlphaDEX Fund's previous quarterly dividend of $0.04.

First Trust Emerging Markets AlphaDEX Fund Stock Down 0.2%

FEM traded down $0.05 during trading on Thursday, hitting $24.38. The company's stock had a trading volume of 35,995 shares, compared to its average volume of 65,430. The firm's 50 day moving average price is $23.57 and its two-hundred day moving average price is $22.79. First Trust Emerging Markets AlphaDEX Fund has a 12 month low of $19.74 and a 12 month high of $24.73. The stock has a market capitalization of $413.24 million, a price-to-earnings ratio of 8.45 and a beta of 0.85.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Emerging Markets AlphaDEX Fund stock. Jones Financial Companies Lllp raised its stake in First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Free Report) by 39.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,854 shares of the company's stock after acquiring an additional 2,210 shares during the quarter. Jones Financial Companies Lllp's holdings in First Trust Emerging Markets AlphaDEX Fund were worth $180,000 as of its most recent filing with the Securities and Exchange Commission.

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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