The Mexico Fund, Inc. (NYSE:MXF – Get Rating)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.47 and traded as high as $16.83. The Mexico Fund shares last traded at $16.79, with a volume of 96,912 shares traded.
The Mexico Fund Stock Up 1.2 %
The business has a fifty day moving average price of $15.47 and a 200 day moving average price of $14.46.
The Mexico Fund Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 26th. Stockholders of record on Wednesday, January 18th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.76%. This is an increase from The Mexico Fund’s previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, January 17th.
Hedge Funds Weigh In On The Mexico Fund
The 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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