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First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Declares Dividend Increase - $0.31 Per Share

First Trust Multi Cap Value AlphaDEX Fund logo with Manufacturing background

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Get Free Report) declared a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be given a dividend of 0.3085 per share on Monday, June 30th. This represents a $1.23 annualized dividend and a yield of 1.52%. The ex-dividend date is Thursday, June 26th. This is a 58.2% increase from First Trust Multi Cap Value AlphaDEX Fund's previous quarterly dividend of $0.20.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.1%

Shares of NASDAQ:FAB traded down $0.12 during trading on Friday, reaching $81.15. The company had a trading volume of 2,302 shares, compared to its average volume of 3,393. The company has a fifty day moving average of $78.55 and a two-hundred day moving average of $80.05. The stock has a market capitalization of $117.67 million, a P/E ratio of 11.94 and a beta of 1.00. First Trust Multi Cap Value AlphaDEX Fund has a 12 month low of $67.96 and a 12 month high of $90.30.

Hedge Funds Weigh In On First Trust Multi Cap Value AlphaDEX Fund

An institutional investor recently raised its position in First Trust Multi Cap Value AlphaDEX Fund stock. Jones Financial Companies Lllp grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Free Report) by 206.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,848 shares of the company's stock after purchasing an additional 5,285 shares during the period. Jones Financial Companies Lllp owned about 0.54% of First Trust Multi Cap Value AlphaDEX Fund worth $624,000 at the end of the most recent reporting period.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.

See Also

Dividend History for First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB)

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