Mexico Fund, Inc. (The) (NYSE:MXF) Plans $0.35 Quarterly Dividend

Mexico Fund, Inc. (The) (NYSE:MXF) announced a quarterly dividend on Friday, March 13th. Shareholders of record on Wednesday, April 22nd will be given a dividend of 0.35 per share by the investment management company on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Wednesday, April 22nd.

Mexico Fund Trading Down 1.1%

Shares of MXF stock traded down $0.22 during mid-day trading on Friday, reaching $20.14. The stock had a trading volume of 60,842 shares, compared to its average volume of 78,087. Mexico Fund has a 12-month low of $13.10 and a 12-month high of $23.00. The business has a 50-day simple moving average of $21.64 and a 200 day simple moving average of $20.07.

About Mexico Fund

The Mexico Fund, Inc (NYSE: MXF) is a closed-end management investment company that seeks long-term capital appreciation through exposure to Mexican securities. The fund primarily invests in equity instruments of companies organized or principally operating in Mexico, spanning a range of sectors such as financial services, consumer goods, industrials and energy. It may also allocate portions of its portfolio to fixed-income securities, including government and corporate bonds, when attractive opportunities arise.

Launched in 1991 and incorporated under Maryland law, The Mexico Fund offers U.S.