First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Raises Dividend to $0.53 Per Share

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - 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 0.5288 per share on Monday, June 30th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date is Thursday, June 26th. This is a 220.9% increase from First Trust United Kingdom AlphaDEX Fund's previous quarterly dividend of $0.16.

First Trust United Kingdom AlphaDEX Fund Price Performance

NASDAQ FKU traded up $0.09 on Thursday, hitting $46.56. 5,238 shares of the company were exchanged, compared to its average volume of 8,162. First Trust United Kingdom AlphaDEX Fund has a twelve month low of $35.98 and a twelve month high of $46.71. The firm has a market capitalization of $60.52 million, a P/E ratio of 14.33 and a beta of 1.18. The company's 50 day moving average price is $44.44 and its 200-day moving average price is $41.09.

Institutional Investors Weigh In On First Trust United Kingdom AlphaDEX Fund

A hedge fund recently raised its stake in First Trust United Kingdom AlphaDEX Fund stock. Jane Street Group LLC boosted its position in shares of First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU - Free Report) by 211.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,641 shares of the company's stock after purchasing an additional 32,353 shares during the period. Jane Street Group LLC owned 3.66% of First Trust United Kingdom AlphaDEX Fund worth $1,907,000 at the end of the most recent reporting period.

First Trust United Kingdom AlphaDEX Fund Company Profile

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.

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