First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) announced a quarterly dividend on Friday, December 13th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.1693 per share on Tuesday, December 31st. This represents a $0.68 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.10.
First Trust Small Cap Value AlphaDEX Fund has increased its dividend payment by an average of 0.2% annually over the last three years and has increased its dividend annually for the last 3 consecutive years.
Shares of FYT stock traded down $0.46 during trading hours on Friday, hitting $37.23. The stock had a trading volume of 4,320 shares, compared to its average volume of 9,884. First Trust Small Cap Value AlphaDEX Fund has a twelve month low of $29.38 and a twelve month high of $37.96. The stock’s 50 day moving average is $36.36 and its 200 day moving average is $34.30.
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