First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Plans Dividend Increase - $0.52 Per Share

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 26th will be given a dividend of 0.5218 per share by the exchange traded fund on Monday, June 30th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date is Thursday, June 26th. This is a 457.5% increase from First Trust Emerging Markets Small Cap AlphaDEX Fund's previous quarterly dividend of $0.09.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of NASDAQ:FEMS traded up $0.07 during midday trading on Thursday, reaching $40.11. 11,512 shares of the company's stock traded hands, compared to its average volume of 34,990. The company has a fifty day simple moving average of $38.67 and a two-hundred day simple moving average of $37.86. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $32.31 and a 1 year high of $42.26. The company has a market cap of $254.70 million, a P/E ratio of 7.64 and a beta of 0.92.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A hedge fund recently raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund stock. Royal Bank of Canada lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Free Report) by 4.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,673 shares of the exchange traded fund's stock after purchasing an additional 4,279 shares during the period. Royal Bank of Canada owned about 1.52% of First Trust Emerging Markets Small Cap AlphaDEX Fund worth $3,593,000 as of its most recent filing with the Securities & Exchange Commission.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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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