The Mexico Fund, Inc. (NYSE:MXF - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $14.62 and traded as low as $13.16. The Mexico Fund shares last traded at $13.24, with a volume of 114,490 shares changing hands.
The Mexico Fund Trading Up 2.1 %
The firm has a fifty day moving average price of $13.55 and a 200-day moving average price of $14.60.
The Mexico Fund Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders of record on Wednesday, January 22nd will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 6.52%. The ex-dividend date of this dividend is Wednesday, January 22nd.
Institutional Trading of The Mexico Fund
Several large investors have recently made changes to their positions in MXF. Toth Financial Advisory Corp bought a new stake in The Mexico Fund during the third quarter worth $66,000. Blankinship & Foster LLC acquired a new stake in The Mexico Fund in the third quarter valued at about $160,000. PFG Investments LLC bought a new position in The Mexico Fund in the third quarter valued at about $174,000. Landscape Capital Management L.L.C. raised its stake in The Mexico Fund by 62.4% during the third quarter. Landscape Capital Management L.L.C. now owns 75,681 shares of the investment management company's stock worth $1,142,000 after acquiring an additional 29,079 shares in the last quarter. Finally, Logan Stone Capital LLC lifted its holdings in shares of The Mexico Fund by 152.2% in the second quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company's stock worth $1,115,000 after acquiring an additional 42,069 shares during the last quarter.
About The Mexico Fund
(
Get Free Report)
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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