First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Plans Quarterly Dividend of $0.53

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.5259 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Thursday, September 24th. This is a 55.2% increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.34.

First Trust Large Cap Value AlphaDEX Fund Price Performance

Shares of FTA opened at $97.06 on Thursday. First Trust Large Cap Value AlphaDEX Fund has a 1-year low of $81.12 and a 1-year high of $104.95. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 13.54 and a beta of 0.79. The firm has a 50 day simple moving average of $101.70 and a 200-day simple moving average of $97.05.

About First Trust Large Cap Value AlphaDEX Fund

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.