Looking at the universe of stocks we cover at Dividend Channel, on 10/7/13, Mexico Fund Incorporated (MXF) will trade ex-dividend, for its quarterly dividend of $0.7703, payable on 10/23/13. As a percentage of MXF's recent stock price of $29.76, this dividend works out to approximately 2.59%, so look for shares of Mexico Fund Incorporated to trade 2.59% lower — all else being equal — when MXF shares open for trading on 10/7/13.
Below is a dividend history chart for MXF, showing historical dividends prior to the most recent $0.7703 declared by Mexico Fund Incorporated:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MXF is likely to continue, and whether the current estimated yield of 10.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MXF shares, versus its 200 day moving average:Looking at the chart above, MXF's low point in its 52 week range is $25.16 per share, with $38.60 as the 52 week high point — that compares with a last trade of $29.76.
In Friday trading, Mexico Fund Incorporated shares are currently up about 0.9% on the day.