Mexico Fund, Inc. (The) Announces Quarterly Dividend of $0.25 (NYSE:MXF)

Key Points

• Mexico Fund, Inc. has declared a quarterly dividend of $0.25 per share, with the ex-dividend date set for October 22nd and payment on October 30th, representing an annual yield of 5.3%.
• As of Friday, MXF stock opened at $18.89, with a fifty-two week low of $12.99 and a high of $18.90, indicating stable performance within that range.
• Institutional investors are actively investing in Mexico Fund, with notable acquisitions from firms like Landscape Capital Management and Quantedge Capital, reflecting growing confidence in the fund's performance.

Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) declared a quarterly dividend on Thursday, September 11th. Investors of record on Wednesday, October 22nd will be given a dividend of 0.25 per share by the investment management company on Thursday, October 30th. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Wednesday, October 22nd.

Mexico Fund Stock Performance

Shares of MXF stock opened at $18.89 on Friday. Mexico Fund has a fifty-two week low of $12.99 and a fifty-two week high of $18.90. The stock's fifty day moving average is $17.86 and its two-hundred day moving average is $16.35.

Hedge Funds Weigh In On Mexico Fund

A number of institutional investors and hedge funds have recently bought and sold shares of MXF. Greykasell Wealth Strategies Inc. acquired a new stake in Mexico Fund in the 1st quarter valued at about $46,000. Scotia Capital Inc. acquired a new position in shares of Mexico Fund during the 2nd quarter worth approximately $196,000. Landscape Capital Management L.L.C. grew its position in shares of Mexico Fund by 34.9% in the first quarter. Landscape Capital Management L.L.C. now owns 73,799 shares of the investment management company's stock valued at $1,050,000 after purchasing an additional 19,109 shares in the last quarter. Quantedge Capital Pte Ltd increased its stake in shares of Mexico Fund by 28.4% in the 4th quarter. Quantedge Capital Pte Ltd now owns 92,284 shares of the investment management company's stock worth $1,218,000 after acquiring an additional 20,400 shares during the last quarter. Finally, Uhlmann Price Securities LLC boosted its position 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 valued at $1,783,000 after acquiring an additional 696 shares during the last quarter.

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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