Mexico Equity & Income Fund Inc. (NYSE:MXE) Announces Annual Dividend of $0.30

Mexico Equity & Income Fund Inc. (NYSE:MXE) declared an annual dividend on Thursday, December 12th,Wall Street Journal reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.2981 per share by the investment management company on Tuesday, December 31st. This represents a dividend yield of 3.5%. The ex-dividend date is Monday, December 23rd.

Mexico Equity & Income Fund Stock Up 0.7 %

Shares of Mexico Equity & Income Fund stock opened at $8.70 on Friday. Mexico Equity & Income Fund has a 12-month low of $8.26 and a 12-month high of $11.63. The stock has a 50 day moving average price of $8.77 and a two-hundred day moving average price of $9.21.

Mexico Equity & Income Fund Company Profile

Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.