Mexico Fund, Inc. (NYSE:MXF) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.55 and traded as low as $13.19. Mexico Fund shares last traded at $13.24, with a volume of 600 shares.
The firm has a fifty day moving average of $12.56 and a 200-day moving average of $13.57.
The business also recently declared a — dividend, which will be paid on Wednesday, October 30th. Investors of record on Wednesday, October 23rd will be issued a $0.25 dividend. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, October 22nd.
Mexico Fund Company Profile (NYSE:MXF)
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.
Further Reading: How Do Front-End Loads Impact an Investment?
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