First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Announces Dividend Increase – $0.34 Per Share

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.344 per share on Monday, September 30th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Thursday, September 26th. This is a boost from First Trust Small Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.07.

First Trust Small Cap Growth AlphaDEX Fund Price Performance

NASDAQ:FYC opened at $73.68 on Friday. First Trust Small Cap Growth AlphaDEX Fund has a one year low of $51.39 and a one year high of $75.15. The company has a fifty day moving average price of $70.67 and a 200 day moving average price of $67.14. The stock has a market cap of $302.09 million, a P/E ratio of 15.06 and a beta of 1.19.

About First Trust Small Cap Growth AlphaDEX Fund

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.