First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Increases Dividend to $0.47 Per Share

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of 0.4655 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 56.2% increase from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.30.

First Trust Small Cap Value AlphaDEX Fund Price Performance

FYT traded down $0.40 during trading on Thursday, hitting $68.00. The company had a trading volume of 669 shares, compared to its average volume of 17,202. The company has a market cap of $183.61 million, a PE ratio of 10.91 and a beta of 0.97. The business has a 50-day moving average of $71.70 and a 200-day moving average of $67.70. First Trust Small Cap Value AlphaDEX Fund has a 1-year low of $52.47 and a 1-year high of $73.77.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.