The Mexico Fund, Inc. (NYSE:MXF – Get Free Report) announced a quarterly dividend on Monday, December 16th,Wall Street Journal reports. Stockholders 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 dividend yield of 6.65%. The ex-dividend date is Wednesday, January 22nd.
The Mexico Fund has raised its dividend payment by an average of 34.7% annually over the last three years.
The Mexico Fund Stock Performance
MXF stock opened at $13.24 on Monday. The Mexico Fund has a one year low of $12.99 and a one year high of $19.69. The company has a fifty day moving average of $13.57 and a 200-day moving average of $14.64.
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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