First Trust United Kingdom AlphaDEX Fund Announces Dividend Announcement

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) revealed a dividend declaration on Thursday, December 12th. According to the announcement, stockholders who are recorded by Friday, December 13th will receive a dividend payment of 0.6439 per share.

The payment date for the dividend is set for Tuesday, December 31st. It is important to note that the ex-dividend date also falls on Friday, December 13th, which marks the cutoff for investors to be eligible for the dividend.

First Trust United Kingdom AlphaDEX Fund Performance

On the trading session of Friday, the First Trust United Kingdom AlphaDEX Fund saw a slight decline, trading down $0.04 and reaching a price of $39.38 during midday. The trading volume recorded was 592 shares, notably lower than its average volume of 11,946 shares.

The fund has a 50-day moving average price of $40.02 and a 200-day moving average price of $39.81. Over the past year, the fund has experienced a low of $34.14 and a high of $42.54. Currently, it holds a market capitalization of $74.82 million, with a P/E ratio of 12.45 and a beta of 1.18.

About the First Trust United Kingdom AlphaDEX Fund

The First Trust United Kingdom AlphaDEX Fund (FKU) operates as an exchange-traded fund, which is aligned with the NASDAQ AlphaDEX United Kingdom index. This fund tracks a tiered equal-weighted index, categorizing 75 companies that have been selected using NASDAQ's AlphaDEX selection methodology. The fund was launched on February 14, 2012, and its management is undertaken by First Trust.

Conclusion

Investing in dividend-paying funds like the First Trust United Kingdom AlphaDEX Fund can provide shareholders with a source of income. However, potential investors should also consider other investment options available in the market.

Dividend, Investment, Finance