First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Raises Dividend to $1.10 Per Share

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKUGet Free Report) declared a quarterly dividend on Wednesday, June 24th. Stockholders of record on Thursday, June 25th will be paid a dividend of 1.0965 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 598.9% increase from First Trust United Kingdom AlphaDEX Fund’s previous quarterly dividend of $0.16.

First Trust United Kingdom AlphaDEX Fund Stock Performance

Shares of FKU stock opened at $53.27 on Thursday. First Trust United Kingdom AlphaDEX Fund has a fifty-two week low of $45.51 and a fifty-two week high of $56.74. The firm has a market capitalization of $39.95 million, a PE ratio of 11.78 and a beta of 0.86. The stock’s 50-day simple moving average is $53.50 and its 200-day simple moving average is $52.65.

First Trust United Kingdom AlphaDEX Fund Company Profile

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The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.

Further Reading

Dividend History for First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU)

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