First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Announces Dividend Increase – $0.38 Per Share

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Shareholders of record on Thursday, September 26th will be given a dividend of 0.3848 per share on Monday, September 30th. This represents a $1.54 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from First Trust MultiCap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

First Trust MultiCap Growth AlphaDEX Fund Trading Up 0.2 %

FAD stock opened at $133.10 on Friday. The firm has a market cap of $219.61 million, a PE ratio of 18.90 and a beta of 1.10. First Trust MultiCap Growth AlphaDEX Fund has a 1 year low of $92.78 and a 1 year high of $134.11. The company has a fifty day simple moving average of $126.66 and a 200 day simple moving average of $123.58.

First Trust MultiCap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.