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Mexico Equity andome Fund (Mexico Equity andome Fund) Dividend Yield % : 2.75% (As of Apr. 25, 2024)


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What is Mexico Equity andome Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Mexico Equity andome Fund is 2.75%.

Good Sign:

Mexico Equity and Income Fund Inc stock dividend yield is close to 5-year high.

The historical rank and industry rank for Mexico Equity andome Fund's Dividend Yield % or its related term are showing as below:

MXE' s Dividend Yield % Range Over the Past 10 Years
Min: 0.01   Med: 0.97   Max: 6.27
Current: 2.75

During the past 7 years, the highest Dividend Yield of Mexico Equity andome Fund was 6.27%. The lowest was 0.01%. And the median was 0.97%.

MXE's Dividend Yield % is ranked worse than
80.41% of 1215 companies
in the Asset Management industry
Industry Median: 5.66 vs MXE: 2.75

Mexico Equity andome Fund's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.67.

During the past 7 years, the highest Dividend Payout Ratio of Mexico Equity andome Fund was 0.67. The lowest was 0.00. And the median was 0.00.

As of today (2024-04-25), the Forward Dividend Yield % of Mexico Equity andome Fund is 2.75%.

Mexico Equity andome Fund's Dividends per Share for the six months ended in Jan. 2024 was $0.30.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Mexico Equity andome Fund was -87.90% per year. The lowest was -87.90% per year. And the median was -87.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Mexico Equity andome Fund Dividend Yield % Historical Data

The historical data trend for Mexico Equity andome Fund's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mexico Equity andome Fund Dividend Yield % Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Dividend Yield %
Get a 7-Day Free Trial 0.42 0.01 1.56 - -

Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 2.72

Competitive Comparison of Mexico Equity andome Fund's Dividend Yield %

For the Asset Management subindustry, Mexico Equity andome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mexico Equity andome Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's Dividend Yield % falls into.



Mexico Equity andome Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Mexico Equity andome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3012023-12-272023-12-282024-01-05Cash DividendannuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Mexico Equity andome Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.301/10.9564
=2.75 %

Current Share Price is $10.9564.
Mexico Equity andome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.301.

Mexico Equity andome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.301/10.9564
=2.75 %

Current Share Price is $10.9564.
Mexico Equity andome Fund's Dividends per Share for the forward twelve months is calculated as $0.301 * 1 = $0.301.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mexico Equity andome Fund  (NYSE:MXE) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Mexico Equity andome Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Mexico Equity andome Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Richard Leo Abraham director 143 COLFAX ROAD, HAVERTOWN PA 19083
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Andrew Dakos director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Glenn Goodstein director C/O THE MEXICO EQUITY AND INCOME FUND, 615 EAST MICHIGAN STREET, 2ND FLOOR, MILWAUKEE WI 53202
Maria Eugenia Pichardo director, officer: President C/O PICHARDO ASSET MANAGEMENT, PASEO DE TAMARINDOS 45-201, BOSQUES DE LAS LOMAS O5 DF 05120
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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