The Mexico Fund, Inc. (NYSE:MXF) CEO Buys $202,950.00 in Stock

The Mexico Fund, Inc. (NYSE:MXF) CEO Alberto Osorio purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The shares were purchased at an average price of $13.53 per share, for a total transaction of $202,950.00. Following the transaction, the chief executive officer now owns 115,195 shares of the company’s stock, valued at $1,558,588.35. This trade represents a 14.97 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

The Mexico Fund Stock Performance

MXF stock opened at $13.86 on Friday. The firm’s fifty day moving average is $13.56 and its 200 day moving average is $14.56. The Mexico Fund, Inc. has a one year low of $12.99 and a one year high of $19.69.

The Mexico Fund Announces Dividend

The company 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 dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $0.88 annualized dividend and a yield of 6.35%.

Institutional Trading of The Mexico Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MXF. Toth Financial Advisory Corp purchased a new position in The Mexico Fund during the third quarter valued at $66,000. Blankinship & Foster LLC purchased a new position in The Mexico Fund during the third quarter valued at $160,000. PFG Investments LLC purchased a new position in The Mexico Fund during the third quarter valued at $174,000. Calamos Advisors LLC purchased a new position in The Mexico Fund during the fourth quarter valued at $174,000. Finally, Logan Stone Capital LLC lifted 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 purchasing an additional 42,069 shares in the last quarter.

The Mexico Fund Company Profile

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.