First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Increases Dividend to $0.52 Per Share

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) declared a quarterly dividend on Thursday, December 11th, NASDAQ Dividends reports. Investors of record on Friday, December 12th will be paid a dividend of 0.5233 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, December 12th. This is a 30.6% increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.40.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

First Trust Large Cap Value AlphaDEX Fund stock traded down $0.58 during midday trading on Friday, reaching $86.67. 16,059 shares of the stock were exchanged, compared to its average volume of 36,480. The company’s fifty day moving average is $83.69 and its 200-day moving average is $81.42. First Trust Large Cap Value AlphaDEX Fund has a 52 week low of $66.01 and a 52 week high of $87.47. The firm has a market cap of $1.19 billion, a PE ratio of 13.54 and a beta of 0.91.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.