The Mexico Fund, Inc. (NYSE:MXF – Get Free Report) declared a quarterly dividend on Monday, December 16th,Wall Street Journal reports. Shareholders of record on Wednesday, January 22nd will be given a dividend of 0.22 per share by the investment management company on Thursday, January 30th. This represents a $0.88 annualized dividend and a yield of 6.65%. The ex-dividend date is Wednesday, January 22nd.
The Mexico Fund has raised its dividend by an average of 34.7% per year over the last three years.
The Mexico Fund Stock Performance
NYSE:MXF opened at $13.24 on Monday. The firm has a 50-day moving average price of $13.57 and a two-hundred day moving average price of $14.64. The Mexico Fund has a twelve month low of $12.99 and a twelve month high of $19.69.
The Mexico Fund Company Profile
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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