Mexico Equity & Income Fund Inc. (MXE) To Go Ex-Dividend on December 23rd

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

Mexico Equity & Income Fund Trading Up 1.8 %

Shares of Mexico Equity & Income Fund stock opened at $8.62 on Friday. Mexico Equity & Income Fund has a twelve month low of $8.26 and a twelve month high of $11.63. The firm’s 50-day simple moving average is $8.71 and its 200-day simple moving average is $9.15.

About Mexico Equity & Income Fund

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.