First Trust Europe AlphaDEX Fund (NASDAQ:FEP) to Issue $0.18 Quarterly Dividend

Key Points

• The First Trust Europe AlphaDEX Fund (NASDAQ:FEP) declared a quarterly dividend of $0.18 per share, which will be paid on September 30 to shareholders of record on September 25.
• The fund has a market capitalization of $314.65 million and is based on the NASDAQ AlphaDEX Europe index, featuring a tiered equal-weighted selection of 200 companies.
• FEP's current stock price is $50.75, with a fifty-two week range between $33.02 and $51.33, reflecting a 1.4% annualized dividend yield.

First Trust Europe AlphaDEX Fund (NASDAQ:FEP - Get Free Report) declared a quarterly dividend on Wednesday, September 24th. Shareholders of record on Thursday, September 25th will be given a dividend of 0.1794 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Thursday, September 25th.

First Trust Europe AlphaDEX Fund Stock Performance

FEP opened at $50.75 on Thursday. First Trust Europe AlphaDEX Fund has a fifty-two week low of $33.02 and a fifty-two week high of $51.33. The company has a fifty day moving average of $49.62 and a two-hundred day moving average of $46.04. The stock has a market capitalization of $314.65 million, a price-to-earnings ratio of -76.89 and a beta of 1.09.

First Trust Europe AlphaDEX Fund Company Profile

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P's AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.

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