First Trust Small Cap Value AlphaDEX Fund (FYT) Declares Quarterly Dividend of $0.22

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First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) announced a quarterly dividend on Tuesday, December 18th, Wall Street Journal reports. Shareholders of record on Wednesday, December 19th will be given a dividend of 0.222 per share on Monday, December 31st. This represents a $0.89 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Tuesday, December 18th. This is an increase from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.12.

First Trust Small Cap Value AlphaDEX Fund has increased its dividend payment by an average of 15.0% per year over the last three years.

Shares of NASDAQ:FYT opened at $31.89 on Wednesday. First Trust Small Cap Value AlphaDEX Fund has a one year low of $31.75 and a one year high of $40.30.

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