Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) declared a quarterly dividend on Tuesday, September 8th. Investors of record on Wednesday, October 21st will be paid a dividend of 0.35 per share by the investment management company on Thursday, October 29th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, October 21st.
Mexico Fund Stock Up 0.1%
MXF traded up $0.03 during midday trading on Tuesday, hitting $21.63. 32,303 shares of the company were exchanged, compared to its average volume of 54,064. Mexico Fund has a 1-year low of $17.99 and a 1-year high of $23.00. The firm’s 50 day moving average price is $21.64 and its 200-day moving average price is $21.60.
About Mexico Fund
The Mexico Fund, Inc (NYSE: MXF) is a closed-end management investment company that seeks long-term capital appreciation through exposure to Mexican securities. The fund primarily invests in equity instruments of companies organized or principally operating in Mexico, spanning a range of sectors such as financial services, consumer goods, industrials and energy. It may also allocate portions of its portfolio to fixed-income securities, including government and corporate bonds, when attractive opportunities arise.
Launched in 1991 and incorporated under Maryland law, The Mexico Fund offers U.S.
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