First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) to Issue $0.64 Dividend

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) announced that it will distribute a dividend on Thursday, December 12th, as reported by NASDAQ Dividends. Shareholders registered by Friday, December 13th, will receive a dividend amounting to $0.6439 per share on Tuesday, December 31st. The ex-dividend date has been set for Friday, December 13th.

Performance of First Trust United Kingdom AlphaDEX Fund

On Friday, during midday trading hours, First Trust United Kingdom AlphaDEX Fund saw a slight decline of 0.1%, with the stock priced at $39.38. The trading volume for the day reached 592 shares, while the average volume stands at 11,946. Over the last fifty days, the stock’s moving average price has been $40.02, and the 200-day moving average is $39.81. The stock has recorded a 12-month low of $34.14 and a high of $42.54. The market capitalization for the fund is approximately $74.82 million, with a price-to-earnings (P/E) ratio of 12.45 and a beta value of 1.18.

About First Trust United Kingdom AlphaDEX Fund

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is linked to the NASDAQ AlphaDEX United Kingdom index. This fund uses a tiered equal-weighted index comprising 75 companies selected based on the AlphaDEX selection methodology established by NASDAQ. The fund was launched on February 14, 2012, and is managed by First Trust.

Investment Considerations

Potential investors might wonder if now is the right time to invest in the First Trust United Kingdom AlphaDEX Fund. Currently, the fund holds a "Hold" rating from analysts, suggesting that there may be better investment opportunities available. Analysts have highlighted five stocks they believe are superior choices for investment compared to FKU.

dividend, investment, fund