Mexico Fund, Inc. (The) (NYSE:MXF - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $16.82 and traded as high as $17.46. Mexico Fund shares last traded at $17.40, with a volume of 43,585 shares.
Mexico Fund Stock Up 0.2%
The firm's fifty day moving average is $16.82 and its 200 day moving average is $15.08.
Mexico Fund Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 30th. Shareholders of record on Tuesday, July 22nd will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 5.75%. The ex-dividend date is Tuesday, July 22nd. This is a boost from Mexico Fund's previous quarterly dividend of $0.22.
Institutional Investors Weigh In On Mexico Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in shares of Mexico Fund during the 4th quarter valued at about $651,000. RPO LLC acquired a new position in shares of Mexico Fund during the 4th quarter valued at about $1,986,000. Rahlfs Capital LLC acquired a new position in shares of Mexico Fund during the 4th quarter valued at about $276,000. Quantedge Capital Pte Ltd boosted its position in shares of Mexico Fund by 28.4% during the 4th quarter. Quantedge Capital Pte Ltd now owns 92,284 shares of the investment management company's stock valued at $1,218,000 after acquiring an additional 20,400 shares during the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in shares of Mexico Fund during the 4th quarter valued at about $1,490,000.
About Mexico Fund
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Mexico Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mexico Fund wasn't on the list.
While Mexico Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
