Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) declared a quarterly dividend on Tuesday, June 24th, Wall Street Journal reports. Stockholders of record on Tuesday, July 22nd will be given a dividend of 0.25 per share by the investment management company on Wednesday, July 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.72%. The ex-dividend date of this dividend is Tuesday, July 22nd. This is a 13.6% increase from Mexico Fund's previous quarterly dividend of $0.22.
Mexico Fund Trading Up 0.0%
Shares of MXF traded up $0.01 on Friday, reaching $17.49. The stock had a trading volume of 40,611 shares, compared to its average volume of 68,690. The company has a 50-day simple moving average of $16.42 and a 200-day simple moving average of $14.84. Mexico Fund has a 12-month low of $12.99 and a 12-month high of $17.60.
About Mexico Fund
(
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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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