Alberto Osorio Buys 15,000 Shares of The Mexico Fund, Inc. (NYSE:MXF) Stock

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

The Mexico Fund Price Performance

NYSE MXF opened at $13.86 on Friday. The Mexico Fund, Inc. has a 12 month low of $12.99 and a 12 month high of $19.69. The stock’s 50 day moving average is $13.56 and its 200 day moving average is $14.57.

The Mexico Fund Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Stockholders of record on Wednesday, January 22nd will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 6.35%. The ex-dividend date of this dividend is Wednesday, January 22nd.

Hedge Funds Weigh In On The Mexico Fund

Several institutional investors have recently bought and sold shares of the stock. Toth Financial Advisory Corp bought a new stake in shares of The Mexico Fund in the third quarter worth about $66,000. Blankinship & Foster LLC purchased a new position in The Mexico Fund during the 3rd quarter valued at approximately $160,000. PFG Investments LLC bought a new stake in The Mexico Fund in the 3rd quarter worth approximately $174,000. Calamos Advisors LLC purchased a new stake in shares of The Mexico Fund during the 4th quarter worth approximately $174,000. Finally, Matisse Capital boosted its position in shares of The Mexico Fund by 7.7% during the 4th quarter. Matisse Capital now owns 195,000 shares of the investment management company’s stock valued at $2,574,000 after acquiring an additional 14,000 shares during the last quarter.

About The Mexico Fund

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.