Mexico Fund, Inc. (The) (NYSE:MXF – Get Free Report) declared a quarterly dividend on Thursday, June 11th. Investors of record on Wednesday, July 22nd will be given a dividend of 0.35 per share by the investment management company on Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Wednesday, July 22nd.
Mexico Fund Trading Up 3.3%
Mexico Fund stock traded up $0.69 during midday trading on Thursday, reaching $21.73. 48,654 shares of the company’s stock were exchanged, compared to its average volume of 64,684. Mexico Fund has a 52 week low of $16.43 and a 52 week high of $23.00. The stock’s 50-day simple moving average is $21.71 and its 200 day simple moving average is $21.18.
Mexico Fund Company Profile
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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