First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Announces Dividend Increase – $0.30 Per Share

Posted by Grant Hamersma on Jun 25th, 2026

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT – Get Free Report) announced a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be paid a dividend of 0.298 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Thursday, June 25th. This is a 48.0% increase from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.20.

First Trust Small Cap Value AlphaDEX Fund Trading Up 1.2%

Shares of FYT stock opened at $68.67 on Thursday. The firm’s 50 day moving average is $66.28 and its 200 day moving average is $62.78. The stock has a market capitalization of $188.86 million, a P/E ratio of 10.91 and a beta of 0.98. First Trust Small Cap Value AlphaDEX Fund has a 12 month low of $49.50 and a 12 month high of $69.42.

Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund

Several institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the fourth quarter valued at $44,000. JPMorgan Chase & Co. lifted its holdings in First Trust Small Cap Value AlphaDEX Fund by 32.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 923 shares of the company’s stock worth $52,000 after purchasing an additional 225 shares in the last quarter. Western Wealth Management LLC purchased a new stake in First Trust Small Cap Value AlphaDEX Fund during the 1st quarter worth about $60,000. Level Four Advisory Services LLC bought a new position in First Trust Small Cap Value AlphaDEX Fund in the 3rd quarter worth about $201,000. Finally, Corient Private Wealth LLC bought a new position in First Trust Small Cap Value AlphaDEX Fund in the 4th quarter worth about $202,000.

About First Trust Small Cap Value AlphaDEX Fund

(Get Free Report)

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.