Mexican Foundation, Inc. announces distribution

Mexico Fund, Inc. (NYSE: MXF) announced that on April 19, 2023, the Board of Directors (Board) announced a distribution of $0.20 per share to registered shareholders, payable in cash on April 27, 2023.

The Board of Directors approved the continuation of the Fund’s MDP throughout 2023. The Board may modify or terminate the MDP at any time without prior notice to shareholders. Since the implementation of the MDP in September 2008, the Fund has paid shareholders $25.56 per share in cash.

The amount of income to be distributed for each financial period depends on the total profits and losses realized by the Fund during the entire year. Distributions may consist of net investment income, capital gains and capital returns, but the nature of these distributions cannot be determined before the end of the Fund’s financial year. However, under the Investment Company Act 1940, the Fund is required to disclose to shareholders the source of each distribution.

You shall not draw any conclusions about the investment performance of the Fund based on the amount of this distribution or the terms of the Fund’s MDP.

Content Source

Dallas Press News – Latest News:
Dallas Local News || Fort Worth Local News | Texas State News || Crime and Safety News || National news || Business News || Health News

Related Articles

Back to top button