First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Declares $0.31 Quarterly Dividend

Key Points

• Dividend: First Trust Mid Cap Core AlphaDEX Fund declared a quarterly dividend of $0.3141 per share (annualized yield ~1.0%); shareholders of record on March 26 will be paid on March 31 and the ex-dividend date is March 26.
• Fund strategy: FNX is an ETF that tracks the NASDAQ AlphaDEX Mid Cap Core index, using a tiered equal-weighted selection of U.S. mid-cap stocks screened for both growth and value, and is managed by First Trust (launched May 8, 2007).
• Market snapshot: FNX opened at $129.51, has a market cap of about $1.21 billion, a P/E of 14.19, beta 1.12, 50-day/200-day moving averages of $133.33 and $128.49, and a 52-week range of $93.19–$138.71.

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report) declared a quarterly dividend on Wednesday, March 25th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.3141 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

NASDAQ:FNX opened at $129.51 on Thursday. The company has a 50-day moving average of $133.33 and a 200-day moving average of $128.49. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 14.19 and a beta of 1.12. First Trust Mid Cap Core AlphaDEX Fund has a 52 week low of $93.19 and a 52 week high of $138.71.

About First Trust Mid Cap Core AlphaDEX Fund

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.

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