Welcome to our dedicated page for Mexico Fund news (Ticker: MXF), a resource for investors and traders seeking the latest updates and insights on Mexico Fund stock.
Mexico Fund, Inc. (MXF) provides investors with targeted exposure to Mexican equities through its closed-end structure focused on long-term capital appreciation. This page serves as the definitive source for official company announcements, financial updates, and market-related developments.
Access timely updates including quarterly earnings reports, portfolio adjustments, management commentary, and strategic initiatives. Investors will find curated information on sector-specific trends in Mexican industries like consumer goods, energy, and infrastructure – all essential for informed decision-making.
Our news collection features verified press releases, regulatory filings, and objective analyses of MXF's investment activities. Bookmark this page to monitor the fund's performance metrics, dividend announcements, and responses to market conditions without navigating multiple sources.
The Mexico Fund (NYSE: MXF) has announced a distribution of $0.22 per share, payable on July 25, 2024, to stockholders of record as of July 17, 2024. This distribution continues the Fund's Managed Distribution Plan (MDP), which has been in place since September 2008. To date, the Fund has paid $26.60 per share in cash distributions. The distribution sources include net investment income (56.82%), short-term capital gains (7.64%), long-term capital gains (15.54%), and return of capital (20.00%). The Fund's five-year average annual total return is 15.06%, with a current annualized distribution rate of 3.38% and a cumulative total return of 20.22% for the fiscal year starting November 1, 2023. The actual tax reporting of these distributions will be detailed in Form 1099-DIV sent to stockholders.
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