First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Declares Quarterly Dividend of $0.54

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.5387 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 55.3% increase from First Trust Multi Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.35.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.8%

FAB opened at $101.24 on Thursday. The firm has a market cap of $161.98 million, a P/E ratio of 11.94 and a beta of 0.87. First Trust Multi Cap Value AlphaDEX Fund has a 12 month low of $83.76 and a 12 month high of $108.60. The stock has a 50-day moving average of $105.77 and a 200 day moving average of $100.68.

About First Trust Multi Cap Value AlphaDEX Fund

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.