First Trust Mid Cap Value AlphaDEX Fund (FNK) to Issue Quarterly Dividend of $0.17 on March 31st

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1746 per share on Monday, March 31st. This represents a $0.70 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Thursday, March 27th.

First Trust Mid Cap Value AlphaDEX Fund Stock Down 0.5 %

Shares of NASDAQ:FNK opened at $51.10 on Friday. The firm’s 50 day moving average price is $52.97 and its 200-day moving average price is $54.03. The stock has a market capitalization of $214.62 million, a PE ratio of 11.26 and a beta of 1.29. First Trust Mid Cap Value AlphaDEX Fund has a twelve month low of $48.71 and a twelve month high of $58.52.

First Trust Mid Cap Value AlphaDEX Fund Company Profile

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.