First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Announces Dividend Increase – $0.10 Per Share

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) declared a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be paid a dividend of 0.0999 per share on Monday, September 30th. This represents a $0.40 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, September 26th. This is an increase from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

Shares of FTC traded up $0.85 during mid-day trading on Thursday, hitting $131.45. 15,303 shares of the company’s stock were exchanged, compared to its average volume of 26,632. First Trust Large Cap Growth AlphaDEX Fund has a fifty-two week low of $91.36 and a fifty-two week high of $131.86. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. The stock’s 50-day moving average is $124.15 and its 200-day moving average is $122.20.

About First Trust Large Cap Growth AlphaDEX Fund

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).