First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) to Issue Quarterly Dividend of $0.32

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report) declared 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 annualized dividend and a yield of 5.33%. The ex-dividend date 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 0.3%

NASDAQ FEM traded down $0.08 during mid-day trading on Friday, hitting $24.30. The stock had a trading volume of 168,016 shares, compared to its average volume of 66,119. First Trust Emerging Markets AlphaDEX Fund has a 52-week low of $19.74 and a 52-week high of $24.73. The company has a market cap of $411.89 million, a price-to-earnings ratio of 8.45 and a beta of 0.85. The company has a 50 day simple moving average of $23.67 and a 200 day simple moving average of $22.80.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

An institutional investor recently bought a new position in First Trust Emerging Markets AlphaDEX Fund stock. NewEdge Advisors LLC acquired a new position in shares of First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,204 shares of the company's stock, valued at approximately $165,000.

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.