First Trust Germany AlphaDEX® Fund Announces Quarterly Dividend of $0.1906 per Share

The First Trust Germany AlphaDEX® Fund (FGM) has declared a quarterly dividend of $0.1906 per share, representing a forward yield of 1.25%. The dividend will be payable on September 30 to shareholders of record as of September 24, with an ex-dividend date also set for September 24. The announcement comes amid mixed performance in European markets, which have been influenced by fluctuating oil prices and elevated bond yields. While the fund's yield is modest compared to broader market conditions, it provides a consistent income stream for investors focused on German equities through this ETF structure.

By Nivedita Hazra, SA News Editor · Seeking Alpha ·

First Trust Germany AlphaDEX® Fund Announces Quarterly Dividend of $0.1906 per Share

Tickers: $FGM

Topics: dividends ETFs

Read the full article at Seeking Alpha

More World news