First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) to Issue $0.40 Quarterly Dividend

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - Get Free Report) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.3953 per share on Monday, March 31st. This represents a $1.58 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Large Cap Value AlphaDEX Fund Stock Up 1.0 %

Shares of FTA stock traded up $0.74 during trading on Monday, reaching $76.72. 25,907 shares of the company's stock were exchanged, compared to its average volume of 42,902. First Trust Large Cap Value AlphaDEX Fund has a twelve month low of $72.16 and a twelve month high of $83.93. The firm's fifty day moving average price is $77.67 and its 200-day moving average price is $78.62. The stock has a market capitalization of $1.16 billion, a PE ratio of 14.62 and a beta of 1.11.

About First Trust Large Cap Value AlphaDEX Fund

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.