First Trust Emerging Markets AlphaDEX Fund (FEM) to Issue Quarterly Dividend of $0.32 on September 30th

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be paid a dividend of 0.3247 per share on Monday, September 30th. This represents a $1.30 annualized dividend and a yield of 5.42%. The ex-dividend date of this dividend is Thursday, September 26th. This is a positive change from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.24.

First Trust Emerging Markets AlphaDEX Fund Stock Up 1.1 %

FEM stock opened at $23.98 on Friday. First Trust Emerging Markets AlphaDEX Fund has a twelve month low of $19.54 and a twelve month high of $25.38. The company has a market cap of $447.23 million, a P/E ratio of 5.06 and a beta of 0.85. The business’s fifty day moving average is $23.09 and its 200-day moving average is $23.63.

About First Trust Emerging Markets AlphaDEX Fund

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.