First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) to Issue Dividend Increase – $0.51 Per Share

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.5101 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 16.8% increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.44.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

NASDAQ FYX traded down $0.59 during trading on Thursday, reaching $136.13. 985 shares of the company traded hands, compared to its average volume of 31,844. First Trust Small Cap Core AlphaDEX Fund has a 1-year low of $103.42 and a 1-year high of $147.18. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 13.79 and a beta of 1.05. The stock’s 50 day moving average price is $142.23 and its two-hundred day moving average price is $134.93.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.