First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Announces Quarterly Dividend of $0.03

First Trust Europe AlphaDEX Fund (NASDAQ: EFF – Get a rating) announced a quarterly dividend on Thursday, March 24, Zacks reports. Investors of record on Monday March 28 will receive a dividend of 0.025 per share on Thursday March 31. This represents an annualized dividend of $0.10 and a dividend yield of 0.26%. The ex-dividend date is Friday, March 25.

NASDAQ: FEP opened at $38.62 on Friday. The First Trust Europe AlphaDEX fund has a 12-month low of $33.47 and a 12-month high of $45.52. The stock has a 50-day moving average price of $39.41 and a 200-day moving average price of $41.78.

A number of hedge funds and other institutional investors have recently increased or reduced their stakes in the company. NEXT Financial Group Inc increased its holdings in the First Trust Europe AlphaDEX fund by 77.6% during the 4th quarter. NEXT Financial Group Inc now owns 2,977 shares of the company valued at $128,000 after buying an additional 1,301 shares last quarter. Stifel Financial Corp increased its holdings in the First Trust Europe AlphaDEX fund by 6.7% during the fourth quarter. Stifel Financial Corp now owns 31,162 shares of the company valued at $1,342,000 after buying an additional 1,969 shares last quarter. Belpointe Asset Management LLC bought a new position in the First Trust Europe AlphaDEX fund during the 4th quarter, valued at approximately $114,000. Millennium Management LLC bought a new position in the First Trust Europe AlphaDEX fund during Q2, valued at around $290,000. Finally, Jane Street Group LLC increased its holdings in the First Trust Europe AlphaDEX fund by 192.9% during the third quarter. Jane Street Group LLC now owns 26,596 shares of the company valued at $1,115,000 after purchasing an additional 17,515 shares last quarter.

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Further reading

Dividend history for First Trust Europe AlphaDEX Fund (NASDAQ:FEP)

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