First Trust China AlphaDEX Fund (NASDAQ:FCA) Plans Dividend Increase – $0.89 Per Share

First Trust China AlphaDEX Fund (NASDAQ:FCA) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of 0.8921 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 13.8%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 122.0% increase from First Trust China AlphaDEX Fund’s previous quarterly dividend of $0.40.

First Trust China AlphaDEX Fund Trading Down 3.9%

Shares of First Trust China AlphaDEX Fund stock opened at $25.82 on Thursday. The firm has a market cap of $29.69 million, a PE ratio of 9.26 and a beta of 0.42. The stock has a 50 day moving average of $27.27 and a 200 day moving average of $29.71. First Trust China AlphaDEX Fund has a 12 month low of $25.81 and a 12 month high of $34.60.

First Trust China AlphaDEX Fund Company Profile

The First Trust China AlphaDEX Fund (FCA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX China index. The fund tracks the Defined China Index. The alpha-seeking index employs a quantitative methodology to select stocks based on both value and growth factors. FCA was launched on Apr 18, 2011 and is managed by First Trust.