The Mexico Fund, Inc. (NYSE:MXF - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.77 and traded as low as $13.29. The Mexico Fund shares last traded at $13.35, with a volume of 77,152 shares trading hands.
The Mexico Fund Stock Down 1.0 %
The stock has a 50 day simple moving average of $13.64 and a 200-day simple moving average of $14.75.
The Mexico Fund Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 22nd will be given a $0.22 dividend. The ex-dividend date is Wednesday, January 22nd. This represents a $0.88 annualized dividend and a yield of 6.59%.
Hedge Funds Weigh In On The Mexico Fund
A number of institutional investors have recently modified their holdings of the stock. Toth Financial Advisory Corp purchased a new stake in The Mexico Fund in the third quarter worth about $66,000. Blankinship & Foster LLC purchased a new stake in shares of The Mexico Fund in the 3rd quarter worth approximately $160,000. PFG Investments LLC purchased a new stake in shares of The Mexico Fund in the 3rd quarter worth approximately $174,000. Landscape Capital Management L.L.C. boosted its stake in shares of 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 valued at $1,142,000 after purchasing an additional 29,079 shares in the last quarter. Finally, Logan Stone Capital LLC increased its holdings in The Mexico Fund by 152.2% during the second quarter. Logan Stone Capital LLC now owns 69,711 shares of the investment management company's stock valued at $1,115,000 after buying an additional 42,069 shares during the period.
The Mexico Fund Company Profile
(
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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