Mexico fund director Luis de la Calle buys $85,920 in stock

Published 13/03/2025, 21:38
Mexico fund director Luis de la Calle buys $85,920 in stock

Luis de la Calle, a director at Mexico Fund Inc. (NYSE:MXF), recently acquired 6,000 shares of the company’s common stock, according to a regulatory filing. The shares were purchased at a price of $14.32 each, amounting to a total transaction value of $85,920. Following this acquisition, de la Calle’s total direct ownership in the company stands at 7,344 shares. This transaction was executed on March 13, 2025.The purchase comes as Mexico Fund offers a notable 6.2% dividend yield, with InvestingPro data showing the company has maintained dividend payments for 38 consecutive years. The fund demonstrates strong liquidity with a current ratio of 5.71 and has posted a 9.28% return year-to-date. Additional insights and analysis are available through InvestingPro, which features more exclusive tips and detailed financial metrics for informed investment decisions.

In other recent news, The Mexico Fund Inc has disclosed several monthly summary reports as part of its routine financial reporting obligations. The reports, covering activities up to January 31, 2025, and December 2024, were submitted to the Securities and Exchange Commission (SEC) in compliance with Regulation FD, ensuring fair disclosure to investors. Although specific financial details were not included in these filings, such reports typically offer insights into the Fund’s investment strategy, asset allocation, and market outlook. The Mexico Fund Inc, listed on the New York Stock Exchange, continues to provide these summaries to maintain transparency regarding its financial health and strategic direction. Investors rely on these regular disclosures to assess the performance and potential of the Fund’s portfolio. The filings are part of the company’s commitment to keeping stakeholders informed amidst a dynamic investment environment. These reports are not intended to include any soliciting material or communications related to business combinations. The Mexico Fund Inc ensures ongoing compliance with SEC regulations by providing timely and essential information to its investors.

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