First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Announces Quarterly Dividend of $0.24

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Stockholders of record on Thursday, September 26th will be paid a dividend of 0.2365 per share on Monday, September 30th. This represents a $0.95 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Thursday, September 26th.

First Trust Small Cap Value AlphaDEX Fund Trading Up 1.0 %

NASDAQ:FYT traded up $0.52 during mid-day trading on Thursday, hitting $54.83. The stock had a trading volume of 4,346 shares, compared to its average volume of 16,191. The stock has a 50-day simple moving average of $55.00 and a two-hundred day simple moving average of $53.31. The company has a market capitalization of $175.45 million, a PE ratio of 9.68 and a beta of 1.37. First Trust Small Cap Value AlphaDEX Fund has a twelve month low of $43.90 and a twelve month high of $59.53.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.