The Mexico Fund, Inc. (NYSE:MXF – Get Free Report) declared a quarterly dividend on Thursday, September 12th, Zacks reports. Stockholders of record on Tuesday, October 22nd will be given a dividend of 0.22 per share by the investment management company on Wednesday, October 30th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend is Tuesday, October 22nd.
The Mexico Fund has increased its dividend payment by an average of 23.0% per year over the last three years.
The Mexico Fund Stock Up 2.8 %
MXF stock opened at $14.92 on Friday. The Mexico Fund has a twelve month low of $14.27 and a twelve month high of $19.69. The business’s 50-day moving average price is $15.57 and its 200-day moving average price is $17.04.
About The Mexico Fund
The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.
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