Mexico Equity & Income Fund Inc. (NYSE:MXE – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.15 and traded as low as $8.60. Mexico Equity & Income Fund shares last traded at $8.62, with a volume of 3,896 shares.
Mexico Equity & Income Fund Stock Up 1.8 %
The business has a 50 day moving average price of $8.71 and a two-hundred day moving average price of $9.15.
Mexico Equity & Income Fund Cuts Dividend
The firm also recently disclosed an annual dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a $0.2981 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a yield of 3.5%.
Institutional Investors Weigh In On Mexico Equity & Income Fund
About Mexico Equity & Income Fund
Mexico Equity & Income Fund Inc is a closed ended balanced mutual fund launched and managed by Pichardo Asset Management, SA de C.V. The fund invests in the fixed income and public equity markets of Mexico. It also invests some portion in the convertible securities. The fund invests in the stocks of companies operating across diversified sectors.
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