The Mexico Fund, Inc. (NYSE:MXF - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.86 and traded as low as $13.36. The Mexico Fund shares last traded at $13.45, with a volume of 32,368 shares changing hands.
The Mexico Fund Trading Down 1.6 %
The company has a 50 day moving average price of $13.69 and a 200 day moving average price of $14.84.
The Mexico Fund Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 6.65%. The ex-dividend date of this dividend is Wednesday, January 22nd.
Institutional Trading of The Mexico Fund
A number of institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio acquired a new position in shares of The Mexico Fund during the 3rd quarter worth approximately $4,799,000. Logan Stone Capital LLC grew its position 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 acquiring an additional 42,069 shares during the period. Wolverine Asset Management LLC raised its holdings in The Mexico Fund by 384.8% in the second quarter. Wolverine Asset Management LLC now owns 76,026 shares of the investment management company's stock valued at $1,216,000 after buying an additional 60,344 shares during the period. Blankinship & Foster LLC purchased a new position in shares of The Mexico Fund in the 3rd quarter valued at $160,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of The Mexico Fund during the third quarter worth about $66,000.
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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