First Trust Multi Cap Growth AlphaDEX Fund (FAD) To Go Ex-Dividend on September 24th

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD – Get Free Report) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of $0.0516 per share on Wednesday, September 30th. This represents a $0.21 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, September 24th. This is a 27.4% decrease from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.0711.

First Trust Multi Cap Growth AlphaDEX Fund Price Performance

Shares of NASDAQ:FAD opened at $182.50 on Friday. The stock has a market capitalization of $602.25 million, a price-to-earnings ratio of 25.26 and a beta of 1.16. The business’s fifty day moving average price is $185.77 and its two-hundred day moving average price is $181.33. First Trust Multi Cap Growth AlphaDEX Fund has a fifty-two week low of $150.01 and a fifty-two week high of $200.22.

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About First Trust Multi Cap Growth AlphaDEX Fund

(Get Free Report)

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.

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