First Trust Europe AlphaDEX Fund (FEP) to Distribute Quarterly Dividend of $0.33 on September 30th

First Trust Europe AlphaDEX Fund (NASDAQ:FEP) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.3254 per share on Wednesday, September 30th. This represents a $1.30 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, September 24th. This is a 59.3% decrease from First Trust Europe AlphaDEX Fund’s previous quarterly dividend of $0.7986.

First Trust Europe AlphaDEX Fund Trading Down 0.6%

Shares of First Trust Europe AlphaDEX Fund stock opened at $57.88 on Friday. The firm’s 50-day moving average price is $59.33 and its two-hundred day moving average price is $57.98. First Trust Europe AlphaDEX Fund has a 1-year low of $49.11 and a 1-year high of $61.07. The stock has a market capitalization of $518.03 million, a price-to-earnings ratio of -87.70 and a beta of 0.90.

About First Trust Europe AlphaDEX Fund

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.