First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Announces Quarterly Dividend of $0.40

Key Points

• First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) has declared a quarterly dividend of $0.40, representing a 29.7% increase from its previous dividend of $0.31.
• The ex-dividend date for this payment is set for September 25th, with the dividend to be paid on September 30th.
• The fund's stock recently traded down by 1.4%, reaching a price of $82.11, with a market capitalization of $1.15 billion.

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - Get Free Report) declared a quarterly dividend on Wednesday, September 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, September 25th will be given a dividend of 0.4007 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, September 25th. This is a 29.7% increase from First Trust Large Cap Value AlphaDEX Fund's previous quarterly dividend of $0.31.

First Trust Large Cap Value AlphaDEX Fund Trading Down 1.4%

First Trust Large Cap Value AlphaDEX Fund stock traded down $1.14 on Thursday, reaching $82.11. 65,295 shares of the stock were exchanged, compared to its average volume of 39,829. The stock has a market cap of $1.15 billion, a PE ratio of 13.54 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a twelve month low of $66.01 and a twelve month high of $83.93. The firm has a fifty day moving average price of $81.54 and a two-hundred day moving average price of $77.67.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.

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