First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) Announces Dividend of $0.29

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.291 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 13th.

First Trust Mid Cap Value AlphaDEX Fund Trading Down 0.7 %

FNK stock traded down $0.38 during mid-day trading on Friday, hitting $55.44. 11,390 shares of the company were exchanged, compared to its average volume of 15,828. The firm has a fifty day simple moving average of $55.43 and a 200 day simple moving average of $53.60. The company has a market capitalization of $224.55 million, a PE ratio of 10.86 and a beta of 1.29. First Trust Mid Cap Value AlphaDEX Fund has a twelve month low of $48.19 and a twelve month high of $58.52.

About First Trust Mid Cap Value AlphaDEX Fund

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.