First Trust China AlphaDEX Fund (NASDAQ:FCA) to Issue Quarterly Dividend of $0.89

First Trust China AlphaDEX Fund (NASDAQ:FCA) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.8921 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 13.3%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 122.0% increase from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.40.

First Trust China AlphaDEX Fund Price Performance

Shares of First Trust China AlphaDEX Fund stock opened at $26.86 on Thursday. The business has a 50 day simple moving average of $27.27 and a two-hundred day simple moving average of $29.71. First Trust China AlphaDEX Fund has a 12 month low of $25.81 and a 12 month high of $34.60. The stock has a market capitalization of $30.89 million, a P/E ratio of 9.26 and a beta of 0.42.

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.