First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Declares Dividend Increase – $0.28 Per Share

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of 0.2849 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Thursday, September 24th. This is a 50.0% increase from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.19.

First Trust Emerging Markets AlphaDEX Fund Stock Performance

FEM traded down $0.16 on Thursday, reaching $32.60. The company had a trading volume of 10,027 shares, compared to its average volume of 125,290. First Trust Emerging Markets AlphaDEX Fund has a 52-week low of $25.85 and a 52-week high of $35.61. The company has a market cap of $810.21 million, a price-to-earnings ratio of 9.20 and a beta of 0.61. The business has a 50 day simple moving average of $32.35 and a 200 day simple moving average of $31.94.

About First Trust Emerging Markets AlphaDEX Fund

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.