First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Declares Quarterly Dividend of $0.12

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) announced a quarterly dividend on Friday, December 13th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.1233 per share on Tuesday, December 31st. This represents a $0.49 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from First Trust Consumer Discretionary AlphaDEX Fund’s previous quarterly dividend of $0.05.

NYSEARCA FXD traded down $0.32 during trading on Friday, reaching $44.47. 18,461 shares of the company traded hands, compared to its average volume of 71,972. The stock’s 50 day moving average price is $43.93 and its two-hundred day moving average price is $42.62. First Trust Consumer Discretionary AlphaDEX Fund has a 1-year low of $34.81 and a 1-year high of $44.98.

About First Trust Consumer Discretionary AlphaDEX Fund

First Trust Consumer Discretionary 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 StrataQuant Consumer Discretionary Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.

Further Reading: Discount Rate

Dividend History for First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD)

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