Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $16.99 and traded as high as $17.30. Mexico Fund shares last traded at $17.11, with a volume of 23,079 shares trading hands.
Mexico Fund Stock Down 0.8%
The business has a fifty day moving average price of $16.99 and a 200 day moving average price of $15.24.
Mexico Fund Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Tuesday, July 22nd will be issued a $0.25 dividend. This is a boost from Mexico Fund's previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, July 22nd. This represents a $1.00 annualized dividend and a dividend yield of 5.84%.
Institutional Investors Weigh In On Mexico Fund
Several hedge funds have recently bought and sold shares of the company. Greykasell Wealth Strategies Inc. acquired a new stake in Mexico Fund during the first quarter worth approximately $46,000. Rahlfs Capital LLC acquired a new stake in shares of Mexico Fund in the fourth quarter valued at approximately $276,000. Raymond James Financial Inc. acquired a new stake in shares of Mexico Fund in the fourth quarter valued at approximately $651,000. Landscape Capital Management L.L.C. raised 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 buying an additional 19,109 shares in the last quarter. Finally, Logan Stone Capital LLC raised its position in shares of Mexico Fund by 11.8% in the fourth quarter. Logan Stone Capital LLC now owns 81,317 shares of the investment management company's stock valued at $1,073,000 after buying an additional 8,606 shares in the last quarter.
Mexico Fund Company Profile
(
Get Free Report)
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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