The Mexico Fund, Inc. (NYSE:MXF) Announces Quarterly Dividend of $0.22

The Mexico Fund, Inc. (NYSE:MXF) announced a quarterly dividend on Monday, December 16th,Wall Street Journal reports. Shareholders of record on Wednesday, January 22nd will be paid a dividend of 0.22 per share by the investment management company on Thursday, January 30th. This represents a $0.88 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date is Wednesday, January 22nd.

The Mexico Fund has increased its dividend by an average of 23.0% annually over the last three years.

The Mexico Fund Trading Down 1.6 %

Shares of The Mexico Fund stock opened at $13.86 on Tuesday. The stock has a fifty day simple moving average of $14.03 and a 200 day simple moving average of $15.09. The Mexico Fund has a 12-month low of $12.99 and a 12-month high of $19.69.

Insider Activity at The Mexico Fund

In related news, Director Claudia Janez purchased 2,576 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were bought at an average cost of $15.46 per share, with a total value of $39,824.96. Following the acquisition, the director now owns 2,576 shares of the company’s stock, valued at $39,824.96. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.69% of the stock is owned by insiders.

About The Mexico Fund

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.