Mexico Fund, Inc. (NYSE:MXF) announced a quarterly dividend on Wednesday, March 13th, Zacks reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.25 per share by the investment management company on Tuesday, April 30th. This represents a $1.00 annualized dividend and a yield of 6.76%. The ex-dividend date of this dividend is Monday, April 22nd.
Mexico Fund has decreased its dividend payment by an average of 32.4% annually over the last three years.
NYSE MXF opened at $14.79 on Wednesday. Mexico Fund has a one year low of $12.00 and a one year high of $17.12.
In other news, insider Alberto Osorio bought 3,500 shares of the stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average cost of $14.00 per share, for a total transaction of $49,000.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.19% of the stock is currently owned by corporate insiders.
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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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