Home Hedge Funds First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Increases Dividend to $0.27...

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Increases Dividend to $0.27 Per Share

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First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTAGet Rating) announced a quarterly dividend on Thursday, June 23rd, Zacks reports. Shareholders of record on Monday, June 27th will be given a dividend of 0.273 per share on Thursday, June 30th. This represents a $1.09 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Friday, June 24th. This is an increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.27.

NASDAQ:FTA opened at $63.50 on Friday. First Trust Large Cap Value AlphaDEX Fund has a 52 week low of $60.38 and a 52 week high of $73.31. The firm has a 50-day moving average price of $67.45 and a two-hundred day moving average price of $68.96.

Hedge funds have recently modified their holdings of the company. Advisory Services Network LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth approximately $202,000. Equitable Holdings Inc. purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth approximately $211,000. Sawtooth Solutions LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth approximately $364,000. Flow Traders U.S. LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth approximately $863,000. Finally, Bank of New York Mellon Corp increased its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 98.8% during the 1st quarter. Bank of New York Mellon Corp now owns 16,378 shares of the company’s stock worth $1,155,000 after purchasing an additional 8,139 shares during the last quarter.

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Dividend History for First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA)

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