Mexico Equity & Income Fund Inc. (NYSE:MXE – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.01 and traded as low as $8.00. Mexico Equity & Income Fund shares last traded at $8.11, with a volume of 9,781 shares.
Mexico Equity & Income Fund Price Performance
The company has a 50-day moving average of $8.49 and a 200-day moving average of $9.01.
Mexico Equity & Income Fund Cuts Dividend
The company also recently disclosed an annual dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2981 dividend. The ex-dividend date was Monday, December 23rd. This represents a yield of 3.5%.
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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