First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) to Issue $0.40 Quarterly Dividend

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.3953 per share on Monday, March 31st. This represents a $1.58 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, March 27th.

First Trust Large Cap Value AlphaDEX Fund Price Performance

FTA traded down $0.69 during trading on Thursday, hitting $76.83. 23,290 shares of the stock traded hands, compared to its average volume of 43,400. The firm has a 50-day moving average of $77.83 and a 200 day moving average of $78.61. The firm has a market capitalization of $1.16 billion, a P/E ratio of 14.62 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a 12-month low of $72.16 and a 12-month high of $83.93.

About First Trust Large Cap Value AlphaDEX Fund

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.