First Trust Latin America AlphaDEX Fund (FLN) to Issue Quarterly Dividend of $0.38 on September 30th

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.3823 per share on Monday, September 30th. This represents a $1.53 dividend on an annualized basis and a yield of 8.37%. The ex-dividend date is Thursday, September 26th. This is an increase from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.19.

First Trust Latin America AlphaDEX Fund Stock Performance

NASDAQ:FLN opened at $18.28 on Friday. First Trust Latin America AlphaDEX Fund has a 52 week low of $16.41 and a 52 week high of $21.07. The firm’s fifty day moving average is $18.22 and its 200-day moving average is $19.00. The firm has a market cap of $21.94 million, a P/E ratio of 5.99 and a beta of 1.09.

About First Trust Latin America AlphaDEX Fund

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.