First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) Declares Quarterly Dividend of $0.17

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK - 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 0.1746 per share on Monday, March 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Thursday, March 27th.

First Trust Mid Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ FNK traded up $0.29 during mid-day trading on Monday, reaching $50.44. The company had a trading volume of 12,369 shares, compared to its average volume of 14,342. The firm has a market cap of $211.85 million, a price-to-earnings ratio of 11.26 and a beta of 1.29. The business's 50-day simple moving average is $52.77 and its 200 day simple moving average is $54.04. First Trust Mid Cap Value AlphaDEX Fund has a one year low of $48.71 and a one year high of $58.52.

First Trust Mid Cap Value AlphaDEX Fund Company Profile

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.