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Mexico Fund (Mexico Fund) 5-Year Yield-on-Cost % : 4.37 (As of Apr. 26, 2024)


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What is Mexico Fund 5-Year Yield-on-Cost %?

Mexico Fund's yield on cost for the quarter that ended in Oct. 2023 was 4.37.


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

MXF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.05   Med: 3.98   Max: 12.68
Current: 4.37


During the past 7 years, Mexico Fund's highest Yield on Cost was 12.68. The lowest was 2.05. And the median was 3.98.


MXF's 5-Year Yield-on-Cost % is ranked worse than
61.86% of 1214 companies
in the Asset Management industry
Industry Median: 6.005 vs MXF: 4.37

Competitive Comparison of Mexico Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Mexico 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 Fund's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

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

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



Mexico 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 Fund is calculated as

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

Mexico Fund  (NYSE:MXF) 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 Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Mexico Fund's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mexico Fund (Mexico Fund) Business Description

Traded in Other Exchanges
N/A
Address
6700 Alexander Bell Drive, Suite 200, Columbia, MD, USA, 21046
Mexico Fund Inc is a United States based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation. The fund seeks to achieve its objective through investment in securities, primary in equity, listed on the Mexican Stock Exchange. Its portfolio of investment consists of investment in different sectors such as auto parts, airports, building materials, chemical products, consumer products, energy, food and other sectors. The fund 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
Tofi Dayan officer: Treasurer 77 ARISTOTELES STREET, 3RD FLOOR, POLANO O5 11560
Claudia Janez director BOSQUE DE ZAPOTES 12, BOSQUES DE LAS LOMAS, CIUDAD DE MEXICO O5 11700
Alberto Gomez Pimienta officer: Operations Vice President THE MEXICO FUND, INC., 1775 I STREET, NW, WASHINGTON DC 20006
Alberto Osorio officer: Sr VP, Treasurer and CFO C/O MEXICO FUND, 1775 I STREET NW, WASHINGTON DC 20006
Jorge Alamillo officer: Chief Compliance Officer 77 ARISTOTELES STREET, 3RD FLOOR, POLANCO MEXICO DF O5 11560
Edward P Djerejian director 2027 SUNSET BOULEVARD, HOUSTON TX 77005
Jonathan Davis Arzac director MONTE PELVOUX 220 PISO 6, LOMAS DE CHAPULTEPEC O5 11000
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Impulsora Del Fondo Mexico Sa De Cv other: Investment Adviser 77 ARISTOTELES, POLANCO MEXICO DF O5 11560
Robert L Knauss director 5151 SAN FELIPE, SUITE 1661, HOUSTON TX 77056
Emilio Carrillo Gamboa director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Eugenio Clariond director VASCONCELOS 220 OTE., COL. RESIDENCIAL SAN AGUSTIN, SAN PEDRO GARZA GARCIA, N.L. O5 66260
Gomez Pimienta Jose Luis director 77 ARISTOTELES, 3RD FLOOR, POLANCO D.F. O5 11560
Puche Jaime Serra director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Jose Luis Gomez Pimienta director

Mexico Fund (Mexico Fund) Headlines

From GuruFocus

THE MEXICO FUND, INC. ISSUES ITS 2022 SEMI-ANNUAL REPORT

By PRNewswire PRNewswire 07-14-2022

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire PRNewswire 01-31-2022

THE MEXICO FUND, INC. ISSUES ITS 2022 SEMI-ANNUAL REPORT

By PRNewswire PRNewswire 06-24-2022

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire PRNewswire 10-27-2022

The Mexico Fund, Inc. Pays Distribution

By PRNewswire PRNewswire 10-28-2021

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire PRNewswire 06-12-2023

The Mexico Fund, Inc. Declares Distribution

By PRNewswire PRNewswire 09-15-2021