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Mexico Fund (Mexico Fund) 3-Year Dividend Growth Rate : 23.00% (As of Oct. 2023)


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What is Mexico Fund 3-Year Dividend Growth Rate?

Mexico Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.40.

The historical rank and industry rank for Mexico Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

MXF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.1   Med: -8.6   Max: 23
Current: 23

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Mexico Fund was 23.00% per year. The lowest was -19.10% per year. And the median was -8.60% per year.

MXF's 3-Year Dividend Growth Rate is ranked better than
89.66% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs MXF: 23.00

During the past 12 months, Mexico Fund's average Dividends Per Share Growth Rate was 11.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Mexico Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Mexico Fund's Dividend Yield % is 4.57%.

Good Sign:

Mexico Fund Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Mexico Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Mexico Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Mexico Fund's 3-Year Dividend Growth Rate falls into.



Mexico Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Mexico Fund  (NYSE:MXF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Mexico Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.4/ -1.81
=N/A

During the past 7 years, the highest Dividend Payout Ratio of Mexico Fund was 1.21. The lowest was 0.07. And the median was 0.58.

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

Mexico Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2200002024-04-162024-04-172024-04-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2200002024-01-162024-01-172024-01-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-10-172023-10-182023-10-26Cash DividendquarterlyUSD:USD 1.000000
USD 0.2000002023-07-182023-07-192023-07-27Cash DividendquarterlyUSD: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 Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.84/18.4032
=4.56 %

Current Share Price is $18.4032.
Mexico Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.84.

During the past 7 years, the highest Dividend Yield of Mexico Fund was 13.33%. The lowest was 2.16%. And the median was 4.19%.

Good Sign:

Mexico Fund Inc stock dividend yield is close to 3-year high.

* 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 Fund 3-Year Dividend Growth Rate Related Terms>


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. PAYS DISTRIBUTION

By PRNewswire PRNewswire 10-27-2022

THE MEXICO FUND, INC. ISSUES ITS 2022 ANNUAL REPORT

By PRNewswire PRNewswire 12-22-2022

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire PRNewswire 06-24-2022

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

By PRNewswire PRNewswire 07-14-2022

The Mexico Fund, Inc. Issues its 2021 Annual Report

By PRNewswire PRNewswire 12-22-2021

The Mexico Fund, Inc. Declares Distribution

By PRNewswire PRNewswire 09-15-2021

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

By PRNewswire PRNewswire 06-24-2022

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire PRNewswire 07-04-2022

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire PRNewswire 06-12-2023