Cuellar Maria Regina Garcia Acquires 724 Shares of Mexico Fund (NYSE:MXF) Stock

Key Points

• Director Cuellar Maria Regina Garcia purchased 724 shares of Mexico Fund (NYSE:MXF) stock at an average price of $19.24, marking a total transaction of approximately $13,930.
• Mexico Fund recently announced a quarterly dividend of $0.25, with an ex-dividend date of October 22, resulting in an annualized dividend yield of 5.2%.
• Several institutional investors, including City of London Investment Management and SFI Advisors, have significantly increased their stakes in Mexico Fund, indicating growing interest in the company's stock.

Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) Director Cuellar Maria Regina Garcia purchased 724 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The stock was bought at an average price of $19.24 per share, with a total value of $13,929.76. Following the transaction, the director directly owned 724 shares in the company, valued at $13,929.76. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Mexico Fund Trading Up 0.4%

Shares of NYSE:MXF traded up $0.08 during midday trading on Monday, reaching $19.25. The company had a trading volume of 24,237 shares, compared to its average volume of 58,349. Mexico Fund, Inc. has a 1-year low of $12.99 and a 1-year high of $19.44. The company has a fifty day simple moving average of $18.09 and a two-hundred day simple moving average of $16.62.

Mexico Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 22nd will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, October 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 5.2%.

Institutional Investors Weigh In On Mexico Fund

A number of institutional investors have recently bought and sold shares of the business. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Mexico Fund during the 1st quarter worth about $46,000. Scotia Capital Inc. purchased a new stake in shares of Mexico Fund during the 2nd quarter worth about $196,000. Landscape Capital Management L.L.C. raised its stake in shares of Mexico Fund by 34.9% during the 1st quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company's stock worth $1,050,000 after purchasing an additional 19,109 shares in the last quarter. Uhlmann Price Securities LLC raised its stake in shares of Mexico Fund by 0.7% during the 2nd quarter. Uhlmann Price Securities LLC now owns 101,484 shares of the investment management company's stock worth $1,783,000 after purchasing an additional 696 shares in the last quarter. Finally, Quantedge Capital Pte Ltd raised its stake in shares of Mexico Fund by 3.7% during the 2nd quarter. Quantedge Capital Pte Ltd now owns 130,134 shares of the investment management company's stock worth $2,286,000 after purchasing an additional 4,650 shares in the last quarter.

About 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.