Mexico Fund (MXF) Earning Somewhat Favorable Press Coverage, Report Finds
Media stories about Mexico Fund (NYSE:MXF) have been trending somewhat positive on Saturday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mexico Fund earned a news impact score of 0.02 on Accern’s scale. Accern also assigned news stories about the investment management company an impact score of 45.4936598020709 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Mexico Fund (MXF) traded down $0.02 on Friday, reaching $16.77. The company had a trading volume of 28,457 shares, compared to its average volume of 60,991. Mexico Fund has a 52-week low of $13.53 and a 52-week high of $18.24.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Thursday, January 18th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Wednesday, January 17th.
Mexico Fund Company Profile
The Mexico Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. It may invest in Mexican fixed-income securities and bank time deposits of Mexican banks, all of which are peso-denominated and may be dollar-linked.
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