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Mexico Equity andome Fund (Mexico Equity andome Fund) 5-Year Yield-on-Cost %

: 2.80 (As of Today)
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Mexico Equity andome Fund's yield on cost for the quarter that ended in Jan. 2024 was 2.80.


The historical rank and industry rank for Mexico Equity andome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

MXE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.01   Med: 0.97   Max: 6.27
Current: 2.8


During the past 7 years, Mexico Equity andome Fund's highest Yield on Cost was 6.27. The lowest was 0.01. And the median was 0.97.


MXE's 5-Year Yield-on-Cost % is ranked worse than
79.57% of 1214 companies
in the Asset Management industry
Industry Median: 6.04 vs MXE: 2.80

Competitive Comparison

For the Asset Management subindustry, Mexico Equity andome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's 5-Year Yield-on-Cost % falls into.



Mexico Equity andome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Mexico Equity andome Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Mexico Equity andome Fund  (NYSE:MXE) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Mexico Equity andome Fund 5-Year Yield-on-Cost % Related Terms

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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

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