First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) to Issue $0.17 Quarterly Dividend

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be given a dividend of 0.1746 per share on Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Mid Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ:FNK traded down $0.26 during trading on Thursday, hitting $51.10. The company’s stock had a trading volume of 3,859 shares, compared to its average volume of 14,420. First Trust Mid Cap Value AlphaDEX Fund has a fifty-two week low of $48.71 and a fifty-two week high of $58.52. The business has a 50 day moving average price of $53.05 and a two-hundred day moving average price of $54.05. The company has a market capitalization of $214.62 million, a PE ratio of 11.26 and a beta of 1.29.

About First Trust Mid Cap Value AlphaDEX Fund

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.