First Trust China AlphaDEX Fund (FCA) to Issue Quarterly Dividend of $0.54 on September 30th

First Trust China AlphaDEX Fund (NASDAQ:FCA) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.5414 per share on Monday, September 30th. This represents a $2.17 annualized dividend and a yield of 10.55%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.37.

First Trust China AlphaDEX Fund Trading Up 8.0 %

NASDAQ:FCA opened at $20.53 on Friday. The firm’s fifty day simple moving average is $18.49 and its 200 day simple moving average is $19.55. First Trust China AlphaDEX Fund has a 1 year low of $16.82 and a 1 year high of $21.71. The firm has a market capitalization of $5.13 million, a PE ratio of 4.20 and a beta of 0.57.

About First Trust China AlphaDEX Fund

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.