First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Increases Dividend to $0.07 Per Share

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be given a dividend of 0.0711 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 226.1% increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.02.

First Trust Multi Cap Growth AlphaDEX Fund Stock Up 0.3%

NASDAQ FAD opened at $193.35 on Thursday. The stock’s 50 day moving average is $183.78 and its 200 day moving average is $171.85. The firm has a market capitalization of $502.71 million, a PE ratio of 25.26 and a beta of 1.17. First Trust Multi Cap Growth AlphaDEX Fund has a twelve month low of $143.15 and a twelve month high of $197.47.

First Trust Multi Cap 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. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.