First Trust Europe AlphaDEX Fund (NASDAQ:FEP) increases its dividend to $0.77 per share

First Trust Europe AlphaDEX Fund (NASDAQ: EFF – Get a rating) declared a quarterly dividend on Thursday, June 23, Zacks reports. Shareholders of record on Monday, June 27 will receive a dividend of 0.768 per share on Thursday, June 30. This represents a dividend of $3.07 on an annualized basis and a yield of 9.61%. The ex-dividend date is Friday, June 24. This is an increase from the First Trust Europe AlphaDEX Fund’s previous quarterly dividend of $0.03.

NASDAQ FEP shares opened at $31.97 on Friday. The First Trust Europe AlphaDEX fund has a one-year low of $31.48 and a one-year high of $45.03. The company’s 50-day simple moving average is $35.28 and its two-hundred-day simple moving average is $38.55.

Several large investors have recently increased or reduced their stake in FEP. Jane Street Group LLC increased its holding in shares of the First Trust Europe AlphaDEX Fund by 650.0% during the first quarter. Jane Street Group LLC now owns 609,575 shares of the company valued at $23,554,000 after purchasing an additional 528,297 shares during the period. UBS Group AG increased its equity stake in the First Trust Europe AlphaDEX Fund by 87.4% during the first quarter. UBS Group AG now owns 340,987 shares of the company valued at $13,176,000 after purchasing an additional 159,051 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of First Trust Europe AlphaDEX Fund during the first quarter, valued at approximately $1,549,000. During the first quarter, Atria Wealth Solutions Inc. purchased a new equity stake in the First Trust Europe AlphaDEX fund valued at approximately $1,050,000. Finally, the Royal Bank of Canada increased its stake in the shares of the First Trust Europe AlphaDEX fund by 8.1% during the first quarter. Royal Bank of Canada now owns 299,617 shares of the company valued at $11,578,000 after purchasing an additional 22,455 shares during the period.

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See also

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

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