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First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) Increases Dividend to $0.19 Per Share

First Trust Mid Cap Value AlphaDEX Fund logo with background

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be paid a dividend of 0.1914 per share on Monday, June 30th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Thursday, June 26th. This is a 9.6% increase from First Trust Mid Cap Value AlphaDEX Fund's previous quarterly dividend of $0.17.

First Trust Mid Cap Value AlphaDEX Fund Trading Up 0.1%

Shares of FNK traded up $0.04 on Friday, reaching $51.69. 12,901 shares of the company's stock traded hands, compared to its average volume of 13,897. The stock has a market cap of $201.59 million, a PE ratio of 10.85 and a beta of 1.29. The stock's 50 day simple moving average is $49.89 and its two-hundred day simple moving average is $51.23. First Trust Mid Cap Value AlphaDEX Fund has a 52-week low of $42.68 and a 52-week high of $58.52.

Institutional Trading of First Trust Mid Cap Value AlphaDEX Fund

An institutional investor recently bought a new position in First Trust Mid Cap Value AlphaDEX Fund stock. Jane Street Group LLC bought a new position in First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,201 shares of the company's stock, valued at approximately $464,000. Jane Street Group LLC owned about 0.24% of First Trust Mid Cap Value AlphaDEX Fund at the end of the most recent reporting period.

First Trust Mid Cap Value AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.

See Also

Dividend History for First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK)

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