First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) Declares Quarterly Dividend of $0.17

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1746 per share on Monday, March 31st. This represents a $0.70 annualized dividend and a 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 First Trust Mid Cap Value AlphaDEX Fund stock opened at $51.10 on Friday. The stock has a market cap of $214.62 million, a price-to-earnings 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. The company’s fifty day moving average is $52.97 and its 200 day moving average is $54.03.

About First Trust Mid Cap Value AlphaDEX Fund

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.