Mexico Equity and Income Fund (NYSE:MXE) announced an annual dividend on Monday, December 11th, Wall Street Journal reports. Stockholders of record on Tuesday, December 19th will be paid a dividend of 0.048 per share by the investment management company on Thursday, December 28th. This represents a dividend yield of 0.46%. The ex-dividend date of this dividend is Monday, December 18th.

Mexico Equity and Income Fund (NYSE MXE) opened at $10.48 on Tuesday. Mexico Equity and Income Fund has a 12-month low of $8.69 and a 12-month high of $12.22.

In other news, major shareholder City Of London Investment Grou acquired 4,800 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was purchased at an average cost of $10.65 per share, for a total transaction of $51,120.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 47.61% of the stock is owned by company insiders.

COPYRIGHT VIOLATION WARNING: This article was posted by Watch List News and is the property of of Watch List News. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at

About Mexico Equity and Income Fund

The Mexico Equity and Income Fund, Inc (the Fund) is a closed-end, non-diversified management investment company. The Fund’s investment objective is to seek high total return through capital appreciation and current income by investing at least 80% of the Fund’s assets in equity and convertible securities issued by Mexican companies and debt securities of Mexican issuers.

Receive News & Ratings for Mexico Equity and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mexico Equity and Income Fund and related companies with Analyst Ratings Network's FREE daily email newsletter.