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

Mexico Fund, Inc. (The) (NYSE:MXF) announced a quarterly dividend on Thursday, December 11th. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.35 per share by the investment management company on Thursday, January 29th. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date is Wednesday, January 21st. This is a 40.0% increase from Mexico Fund’s previous quarterly dividend of $0.25.

Mexico Fund Trading Up 2.5%

Shares of Mexico Fund stock traded up $0.50 during trading on Thursday, reaching $20.20. 62,637 shares of the stock traded hands, compared to its average volume of 55,289. Mexico Fund has a 52-week low of $13.10 and a 52-week high of $20.30. The business has a fifty day simple moving average of $19.16 and a two-hundred day simple moving average of $18.29.

About 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.