The Mexico Fund, Inc. (NYSE:MXF – Get Free Report) Director Richard B. Vaughan acquired 4,000 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The shares were bought at an average cost of $17.69 per share, for a total transaction of $70,760.00. Following the acquisition, the director now owns 5,000 shares of the company’s stock, valued at approximately $88,450. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
The Mexico Fund Stock Up 1.1 %
MXF stock traded up $0.19 during trading on Tuesday, reaching $18.01. 15,717 shares of the company were exchanged, compared to its average volume of 27,893. The Mexico Fund, Inc. has a 52-week low of $14.77 and a 52-week high of $19.69. The stock’s 50 day moving average price is $18.56 and its 200 day moving average price is $17.87.
The Mexico Fund Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 25th. Investors of record on Wednesday, April 17th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date of this dividend is Tuesday, April 16th.
Institutional Trading of The Mexico Fund
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.
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