First Trust Mega Cap AlphaDEX Fund (NASDAQ:FMK) declared a quarterly dividend on Wednesday, September 23rd, Zacks reports. Stockholders of record on Friday, September 25th will be paid a dividend of 0.132 per share on Wednesday, September 30th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, September 24th.
First Trust Mega Cap AlphaDEX Fund has raised its dividend by 30.5% over the last three years and has increased its dividend annually for the last 1 consecutive years.
Shares of FMK opened at $37.27 on Friday. The company’s 50 day simple moving average is $38.26 and its 200-day simple moving average is $34.72. First Trust Mega Cap AlphaDEX Fund has a 12-month low of $25.48 and a 12-month high of $40.89.
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