First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Raises Dividend to $0.13 Per Share

Key Points

• First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) raised its quarterly dividend to $0.13 per share, marking an 18% increase from the previous dividend of $0.11.
• Investors of record on September 25th will receive the dividend payment on September 30th, with an ex-dividend date also set for September 25th.
• The fund has a market cap of $1.26 billion and is currently trading at approximately $159.99, a slight decrease of 0.9% on the day of the announcement.

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) declared a quarterly dividend on Wednesday, September 24th. Investors of record on Thursday, September 25th will be paid a dividend of 0.1324 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, September 25th. This is a 18.0% increase from First Trust Large Cap Growth AlphaDEX Fund's previous quarterly dividend of $0.11.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 0.9%

Shares of NASDAQ:FTC opened at $159.99 on Thursday. First Trust Large Cap Growth AlphaDEX Fund has a twelve month low of $113.13 and a twelve month high of $162.87. The company's 50 day moving average is $156.84 and its 200 day moving average is $144.55. The company has a market cap of $1.26 billion, a PE ratio of 28.68 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).

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