First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) to Issue Quarterly Dividend of $0.41

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.4077 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 24th. This is a 52.8% increase from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.27.

First Trust Large Cap Core AlphaDEX Fund Stock Down 1.0%

FEX opened at $133.94 on Thursday. The stock has a market cap of $1.55 billion, a PE ratio of 17.76 and a beta of 0.94. The business has a 50 day moving average of $137.63 and a 200-day moving average of $133.14. First Trust Large Cap Core AlphaDEX Fund has a 52 week low of $111.75 and a 52 week high of $142.60.

About First Trust Large Cap Core AlphaDEX Fund

First Trust Large Cap Core 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 Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.