First Trust MultiCap Growth AlphaDEX Fund (FAD) to Issue Quarterly Dividend of $0.38 on September 30th

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be given a dividend of 0.3848 per share on Monday, September 30th. This represents a $1.54 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, September 26th. This is an increase from First Trust MultiCap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

First Trust MultiCap Growth AlphaDEX Fund Stock Up 0.2 %

NASDAQ:FAD opened at $133.10 on Friday. First Trust MultiCap Growth AlphaDEX Fund has a fifty-two week low of $92.78 and a fifty-two week high of $134.11. The firm’s 50 day moving average is $126.66 and its two-hundred day moving average is $123.58. The company has a market cap of $219.61 million, a P/E ratio of 18.90 and a beta of 1.10.

First Trust MultiCap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth 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 Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.