First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) Declares Dividend of $0.29

First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Investors of record on Friday, December 13th will be paid a dividend of 0.291 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th.

First Trust Mid Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ:FNK traded down $0.38 during midday trading on Friday, reaching $55.44. The company had a trading volume of 11,390 shares, compared to its average volume of 15,828. The company has a fifty day simple moving average of $55.43 and a two-hundred day simple moving average of $53.60. The firm has a market cap of $224.55 million, a price-to-earnings ratio of 10.86 and a beta of 1.29. First Trust Mid Cap Value AlphaDEX Fund has a 1-year low of $48.19 and a 1-year high of $58.52.

About First Trust Mid Cap Value AlphaDEX Fund

The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.