First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Announces Dividend Increase – $0.31 Per Share

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) declared a quarterly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be given a dividend of 0.3093 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Friday, December 12th. This is a 259.7% increase from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.09.

First Trust Latin America AlphaDEX Fund Stock Up 1.6%

Shares of FLN stock opened at $22.84 on Friday. The business has a 50-day moving average price of $21.78 and a two-hundred day moving average price of $20.60. First Trust Latin America AlphaDEX Fund has a 12-month low of $15.03 and a 12-month high of $23.43. The firm has a market cap of $15.99 million, a P/E ratio of 9.93 and a beta of 0.91.

First Trust Latin America AlphaDEX Fund Company Profile

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.