The Mexico Equity and Income Fund, Inc. Announces Cash Dividend

Rhea-AI Summary

The Mexico Equity and Income Fund (NYSE: MXE) has declared a year-end cash dividend of $0.2981 per share on its common stock. The dividend consists entirely of ordinary income and will be payable on December 31, 2024 to stockholders of record as of December 23, 2024.

Positive

• Dividend payment of $0.2981 per share announced
• Dividend to be distributed before year-end 2024

Negative

• None.

News Market Reaction – MXE

+0.69%

+0.69% Session move

In the trading session that priced this news, MXE gained 0.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Mexico Equity and Income Fund, Inc. (NYSE: MXE) (the “Fund”) today announced that the Fund’s Board of Directors has declared a year-end cash dividend of $0.2981 per share on its common stock consisting entirely of ordinary income payable on December 31, 2024 to stockholders of record on December 23, 2024.  

CONTACT:         U.S. Bancorp Fund Services, LLC – Noah Davis (414) 516-1696

FAQ

What is the dividend amount announced by MXE for December 2024?

The Mexico Equity and Income Fund (MXE) announced a year-end cash dividend of $0.2981 per share.

When is the ex-dividend date for MXE's December 2024 dividend?

Stockholders must be on record by December 23, 2024, to receive the dividend.

When will MXE pay its December 2024 dividend?

The dividend will be paid on December 31, 2024.

What type of dividend is MXE paying in December 2024?

The dividend consists entirely of ordinary income.

Who is eligible for MXE's December 2024 dividend payment?

Stockholders who are on record as of December 23, 2024, are eligible for the dividend payment.