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

The Mexico Fund, Inc. (NYSE:MXF) declared a quarterly dividend on Monday, March 10th, Wall Street Journal reports. Investors of record on Tuesday, April 22nd will be paid a dividend of 0.22 per share by the investment management company on Wednesday, April 30th. This represents a $0.88 annualized dividend and a dividend yield of 6.27%. The ex-dividend date of this dividend is Tuesday, April 22nd.

The Mexico Fund has increased its dividend payment by an average of 12.1% annually over the last three years.

The Mexico Fund Stock Down 2.4 %

NYSE:MXF opened at $14.03 on Tuesday. The firm’s fifty day moving average is $13.88 and its two-hundred day moving average is $14.18. The Mexico Fund has a one year low of $12.99 and a one year high of $19.69.

Insider Buying and Selling at The Mexico Fund

In other The Mexico Fund news, CEO Alberto Osorio acquired 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average price of $13.53 per share, with a total value of $202,950.00. Following the purchase, the chief executive officer now owns 115,195 shares in the company, valued at approximately $1,558,588.35. The trade was a 14.97 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.69% of the company’s stock.

The 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.