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.
Mexico Fund Dividend Announcement
• Mexico Fund announced a quarterly dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-10-22
• Mexico Fund annual dividend for 2024 was $0.66
• Mexico Fund annual dividend for 2023 was $0.80
• Mexico Fund's trailing twelve-month (TTM) dividend yield is 6.1%
• Mexico Fund's dividend growth over the last five years (2018-2023) was 3.30% year
• Mexico Fund's dividend growth over the last ten years (2013-2023) was -12.88% year
Mexico Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-22 | $0.00 | quarterly | |
2024-07-17 | $0.22 | quarterly | 2024-07-25 |
2024-04-16 | $0.22 | quarterly | 2024-04-25 |
2024-01-16 | $0.22 | quarterly | 2024-01-25 |
2023-10-17 | $0.20 | quarterly | 2023-10-26 |
2023-07-18 | $0.20 | quarterly | 2023-07-27 |
2023-04-18 | $0.20 | quarterly | 2023-04-27 |
2023-01-17 | $0.20 | quarterly | 2023-01-26 |
2022-10-18 | $0.18 | quarterly | 2022-10-27 |
2022-07-19 | $0.18 | quarterly | 2022-07-28 |
2022-04-19 | $0.18 | quarterly | 2022-04-28 |
2022-01-19 | $0.18 | quarterly | 2022-01-27 |
2021-10-20 | $0.18 | quarterly | 2021-10-28 |
2021-07-21 | $0.18 | quarterly | 2021-07-29 |
2020-04-22 | $0.18 | quarterly | 2020-04-30 |
2020-01-22 | $0.25 | quarterly | 2020-01-30 |
2019-10-22 | $0.25 | quarterly | 2019-10-30 |
2019-07-22 | $0.25 | quarterly | 2019-07-30 |
2019-04-22 | $0.25 | quarterly | 2019-04-30 |
2019-01-22 | $0.25 | quarterly | 2019-01-31 |
2018-10-16 | $0.25 | quarterly | 2018-10-25 |
2018-07-17 | $0.15 | quarterly | 2018-07-26 |
2018-04-18 | $0.15 | quarterly | 2018-04-27 |
2018-01-17 | $0.13 | quarterly | 2018-01-26 |
2017-10-16 | $0.13 | quarterly | 2017-10-26 |
2017-07-14 | $0.13 | quarterly | 2017-07-27 |
2017-04-18 | $0.13 | quarterly | 2017-04-28 |
2017-01-04 | $0.14 | quarterly | 2017-01-17 |
2016-10-14 | $0.14 | quarterly | 2016-10-27 |
2016-07-12 | $0.28 | quarterly | 2016-07-26 |
2016-04-12 | $0.28 | quarterly | 2016-04-26 |
2015-12-21 | $0.34 | quarterly | 2016-01-13 |
2015-10-08 | $0.34 | quarterly | 2015-10-22 |
2015-07-10 | $0.57 | quarterly | 2015-07-23 |
2015-04-07 | $0.57 | quarterly | 2015-04-21 |
2014-12-23 | $0.71 | quarterly | 2015-01-13 |
2014-10-10 | $0.71 | quarterly | 2014-10-24 |
2014-07-11 | $0.71 | quarterly | 2014-07-24 |
2014-04-07 | $0.71 | quarterly | 2014-04-22 |
2013-12-23 | $0.86 | quarterly | 2014-01-13 |
2013-10-07 | $0.77 | quarterly | 2013-10-23 |
2013-07-15 | $0.77 | quarterly | 2013-07-24 |
2013-04-08 | $0.77 | quarterly | 2013-04-24 |
Mexico Fund Dividend per year
Mexico Fund Dividend growth
Mexico Fund Dividend Yield
Mexico Fund current trailing twelve-month (TTM) dividend yield is 6.1%. Interested in purchasing Mexico Fund stock? Use our calculator to estimate your expected dividend yield:
Mexico Fund Financial Ratios
Mexico Fund Dividend FAQ
Other factors to consider when evaluating Mexico Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Mexico Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Mexico Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mexico Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mexico Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mexico Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Mexico Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mexico Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mexico Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Mexico Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mexico Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.