First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Announces Dividend Increase – $0.07 Per Share

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.0711 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Thursday, June 25th. This is a 226.1% increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.02.

First Trust Multi Cap Growth AlphaDEX Fund Stock Up 0.3%

FAD opened at $193.35 on Thursday. The business’s fifty day simple moving average is $183.78 and its 200 day simple moving average is $171.85. First Trust Multi Cap Growth AlphaDEX Fund has a 52 week low of $143.15 and a 52 week high of $197.47. The stock has a market cap of $502.71 million, a PE ratio of 25.26 and a beta of 1.17.

First Trust Multi Cap 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. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.