First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Quarterly Dividend of $0.30 (NASDAQ:FEMS)

Key Points

• First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) declared a quarterly dividend of $0.3033 per share, with an ex-dividend and record date of March 26 and payment on March 31, implying an annualized yield of about 2.7%.
• Shares jumped about 3.1%, opening at $45.55; the fund's 52-week range is $32.31–$48.26 and it has a market cap of $257.36 million, a P/E of 8.10 and a beta of 0.63.
• FEMS is an ETF tracking the NASDAQ AlphaDEX Emerging Markets Small Cap index that uses quantitative metrics to select small-cap EM securities and is managed by First Trust (launched Feb 15, 2012).

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) declared a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of 0.3033 per share by the exchange traded fund on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, March 26th.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 3.1%

NASDAQ FEMS opened at $45.55 on Thursday. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52 week low of $32.31 and a 52 week high of $48.26. The firm has a 50 day moving average of $45.77 and a two-hundred day moving average of $43.92. The stock has a market capitalization of $257.36 million, a PE ratio of 8.10 and a beta of 0.63.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

The First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM Small Cap index. The fund aims to outperform other index funds by selecting small-cap emerging markets securities using quantitative metrics. FEMS was launched on Feb 15, 2012 and is managed by First Trust.

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