First Trust Large Cap Core AlphaDEX Fund to Issue Quarterly Dividend of $0.29 (NASDAQ:FEX)

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) announced a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be given a dividend of 0.2942 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

Shares of FEX opened at $123.15 on Thursday. First Trust Large Cap Core AlphaDEX Fund has a fifty-two week low of $88.06 and a fifty-two week high of $128.37. The firm’s 50-day simple moving average is $124.51 and its two-hundred day simple moving average is $119.99. The stock has a market cap of $1.41 billion, a PE ratio of 17.76 and a beta of 0.99.

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.