Reminder - Mexico Fund (MXF) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 4/8/13, Mexico Fund Incorporated (MXF) MXF will trade ex-dividend, for its quarterly dividend of $0.7703, payable on 4/24/13. As a percentage of MXF's recent stock price of $36.21, this dividend works out to approximately 2.13%, so look for shares of Mexico Fund Incorporated to trade 2.13% lower — all else being equal — when MXF shares open for trading on 4/8/13.

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Below is a dividend history chart for MXF, showing historical dividends prior to the most recent $0.7703 declared by Mexico Fund Incorporated:

MXF+Dividend+History+Chart

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 8.51% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, Mexico Fund Incorporated shares are currently up about 0.6% on the day.

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