First Trust Emerging Markets AlphaDEX Fund (FEM) to Distribute Quarterly Dividend of $0.28 on September 30th

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.2849 per share on Wednesday, September 30th. This represents a $1.14 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 50.0% increase from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.1899.

First Trust Emerging Markets AlphaDEX Fund Trading Down 0.9%

FEM stock opened at $32.48 on Friday. The firm has a 50-day moving average of $32.38 and a two-hundred day moving average of $31.96. First Trust Emerging Markets AlphaDEX Fund has a 12 month low of $25.85 and a 12 month high of $35.61. The company has a market cap of $807.13 million, a price-to-earnings ratio of 9.20 and a beta of 0.61.

About First Trust Emerging Markets AlphaDEX Fund

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.