First Trust Small Cap Value AlphaDEX Fund Announces Dividend of $0.54

The First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) recently declared a dividend of $0.5443 per share. This announcement was made on Thursday, December 12th, and is set to benefit shareholders who are on record by Friday, December 13th. The payment of this dividend will take place on Tuesday, December 31st. It is important to note that the ex-dividend date is also scheduled for Friday, December 13th.

Fund Performance Overview

On Friday, the stock price of NASDAQ FYT experienced a decline of $0.84, bringing its trading price to $58.24. During the trading session, a total of 3,365 shares were exchanged, which is less than the average trading volume of 14,842 shares. Over the past year, the stock has seen a low of $50.09 and a high of $61.44. With a market capitalization of $177.62 million, the fund has a price-to-earnings (PE) ratio of 9.68 and a beta value of 1.37, indicating its volatility compared to the market. The fund’s stock also reflects a 50-day simple moving average of $57.06 and a 200-day simple moving average of $54.93.

About First Trust Small Cap Value AlphaDEX Fund

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund (ETF) that tracks the NASDAQ AlphaDEX Small Cap Value index. This fund includes securities selected from the NASDAQ US 700 Small Cap Index, which have been rescreened and weighed according to a methodology that emphasizes growth potential. First Trust launched FYT on April 18, 2011, and it continues to be managed by the firm.

Investment Considerations

As investors look at First Trust Small Cap Value AlphaDEX Fund, it is worth considering recent market analyses. Currently, the fund holds a "Hold" rating among analysts, who have recommended alternative investments that may provide better returns. Potential investors should evaluate their options carefully and research the recommended stocks before making decisions.

Dividend, Investment, ETF