Mexico Fund, Inc. (NYSE:MXF) insider Alberto Osorio purchased 8,000 shares of the stock in a transaction dated Tuesday, October 30th. The shares were purchased at an average cost of $13.66 per share, for a total transaction of $109,280.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Alberto Osorio also recently made the following trade(s):
- On Friday, September 28th, Alberto Osorio purchased 7,000 shares of Mexico Fund stock. The shares were purchased at an average cost of $16.29 per share, for a total transaction of $114,030.00.
Shares of MXF stock opened at $13.96 on Friday. Mexico Fund, Inc. has a twelve month low of $13.49 and a twelve month high of $17.24.
The business also recently announced a quarterly dividend, which was paid on Thursday, October 25th. Shareholders of record on Wednesday, October 17th were given a $0.25 dividend. The ex-dividend date was Tuesday, October 16th. This represents a $1.00 dividend on an annualized basis and a yield of 7.16%. This is a boost from Mexico Fund’s previous quarterly dividend of $0.15.
A number of hedge funds and other institutional investors have recently bought and sold shares of MXF. City of London Investment Management Co. Ltd. increased its stake in Mexico Fund by 25.2% during the second quarter. City of London Investment Management Co. Ltd. now owns 2,767,315 shares of the investment management company’s stock worth $41,911,000 after purchasing an additional 556,595 shares during the period. Wells Fargo & Company MN increased its stake in shares of Mexico Fund by 30.0% during the second quarter. Wells Fargo & Company MN now owns 815,312 shares of the investment management company’s stock worth $12,344,000 after buying an additional 188,120 shares during the period. 6 Meridian increased its stake in shares of Mexico Fund by 15.5% during the second quarter. 6 Meridian now owns 24,093 shares of the investment management company’s stock worth $365,000 after buying an additional 3,240 shares during the period. Finally, Guggenheim Capital LLC increased its stake in shares of Mexico Fund by 26.1% during the first quarter. Guggenheim Capital LLC now owns 19,645 shares of the investment management company’s stock worth $319,000 after buying an additional 4,070 shares during the period. 32.80% of the stock is currently owned by institutional investors.
Mexico Fund Company Profile
There is no company description available for Mexico Fund, Inc
Featured Story: What is Considered a Good Return on Equity (ROE)?
Receive News & Ratings for Mexico Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mexico Fund and related companies with MarketBeat.com's FREE daily email newsletter.