Latest Mexico Equity and (MXE) Headlines The Me
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Posted On: 03/14/2014 5:58:05 PM
Latest Mexico Equity and (MXE) Headlines
The Mexico Equity and Income Fund, Inc. Announces a Stock Dividend and Results of the Annual Meeting of Stockholders
Business Wire - Thu Dec 19, 10:05AM CST
The Mexico Equity and Income Fund, Inc. (the "Fund") (NYSE: MXE) announced today that its Board of Directors has declared a stock dividend of $2.12643 per share payable on January 28, 2014 to common and preferred stockholders of record on December 30, 2013. The dividend on each class of stock will be paid in shares of common stock with an option to elect cash subject to a maximum of 25% of the total distribution payable in cash. The number of shares of common stock to be received will be based on the trade-weighted average market price of the Fund's common stock on January 22, 2014 through January 24, 2014. If stockholders elect to receive cash exceeding, in aggregate, 25% of the total distribution, the cash portion of their distribution will be prorated with the balance paid in common shares. The per share dividend consists of $1.64983 of short-term capital gains and $0.47660 of long-term capital gains. Registered stockholders that elect to receive cash in lieu of the stock dividend must notify the Fund prior to January 17, 2014. Stockholders who hold their shares through a third party intermediary, such as a bank or brokerage firm, and that wish to receive cash in lieu of the stock dividend should notify such intermediary as soon as possible after December 30, 2013.
Shares of MXE Down 14.8% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Jun 25, 9:18AM CDT
SmarTrend identified a Downtrend for Mexico Equity and Income Fund (NYSE:MXE) on May 29th, 2013 at $16.24. In approximately 4 weeks, Mexico Equity and Income Fund has returned 14.84% as of today's recent price of $13.83.
Mexico Equity and Income Fund Has Returned 20.4% Since SmarTrend Recommendation (MXE)
Comtex SmarTrend(R) - Fri May 24, 10:57AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 6 months, Mexico Equity and Income Fund has returned 20.39% as of today's recent price of $16.47.
28.1% Return Seen to Date on SmarTrend Mexico Equity and Income Fund Call (MXE)
Comtex SmarTrend(R) - Thu May 09, 10:58AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 5 months, Mexico Equity and Income Fund has returned 28.14% as of today's recent price of $17.53.
Shares of MXE Up 23.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 17, 4:43PM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 4 months, Mexico Equity and Income Fund has returned 23.03% as of today's recent price of $16.83.
Mexico Equity and Income Fund Up 24.3% Since SmarTrend Uptrend Call (MXE)
Comtex SmarTrend(R) - Wed Apr 10, 11:02AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 4 months, Mexico Equity and Income Fund has returned 24.27% as of today's recent price of $17.00.
The Mexico Equity and Income Fund, Inc. Announces Delisting of Preferred Stock
Business Wire - Mon Mar 25, 9:45AM CDT
On March 21, 2013, the staff of NYSE Regulation, Inc. ("NYSE Regulation") notified the Mexico Equity and Income Fund, Inc. (the "Fund") (NYSE:MXE) (NYSE:MXEPR) that it has determined to commence proceedings to delist the Preferred Stock ("Preferred Stock") of The Mexico Equity and Income Fund, Inc. (the "Fund") from the New York Stock Exchange ("NYSE") because fewer than 100,000 shares of the Preferred Stock are publicly held. Trading in the Fund's Preferred Stock on the NYSE was suspended prior to the opening of trading on March 22, 2013.
Mexico Equity and Income Fund Has Returned 14.9% Since SmarTrend Recommendation (MXE)
Comtex SmarTrend(R) - Fri Jan 18, 11:12AM CST
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 1 month, Mexico Equity and Income Fund has returned 14.91% as of today's recent price of $15.72.
The Mexico Equity and Income Fund, Inc. Announces a Stock Dividend and Results of the Annual Meeting of Stockholders
Business Wire - Thu Dec 19, 10:05AM CST
The Mexico Equity and Income Fund, Inc. (the "Fund") (NYSE: MXE) announced today that its Board of Directors has declared a stock dividend of $2.12643 per share payable on January 28, 2014 to common and preferred stockholders of record on December 30, 2013. The dividend on each class of stock will be paid in shares of common stock with an option to elect cash subject to a maximum of 25% of the total distribution payable in cash. The number of shares of common stock to be received will be based on the trade-weighted average market price of the Fund's common stock on January 22, 2014 through January 24, 2014. If stockholders elect to receive cash exceeding, in aggregate, 25% of the total distribution, the cash portion of their distribution will be prorated with the balance paid in common shares. The per share dividend consists of $1.64983 of short-term capital gains and $0.47660 of long-term capital gains. Registered stockholders that elect to receive cash in lieu of the stock dividend must notify the Fund prior to January 17, 2014. Stockholders who hold their shares through a third party intermediary, such as a bank or brokerage firm, and that wish to receive cash in lieu of the stock dividend should notify such intermediary as soon as possible after December 30, 2013.
Shares of MXE Down 14.8% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Jun 25, 9:18AM CDT
SmarTrend identified a Downtrend for Mexico Equity and Income Fund (NYSE:MXE) on May 29th, 2013 at $16.24. In approximately 4 weeks, Mexico Equity and Income Fund has returned 14.84% as of today's recent price of $13.83.
Mexico Equity and Income Fund Has Returned 20.4% Since SmarTrend Recommendation (MXE)
Comtex SmarTrend(R) - Fri May 24, 10:57AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 6 months, Mexico Equity and Income Fund has returned 20.39% as of today's recent price of $16.47.
28.1% Return Seen to Date on SmarTrend Mexico Equity and Income Fund Call (MXE)
Comtex SmarTrend(R) - Thu May 09, 10:58AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 5 months, Mexico Equity and Income Fund has returned 28.14% as of today's recent price of $17.53.
Shares of MXE Up 23.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Apr 17, 4:43PM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 4 months, Mexico Equity and Income Fund has returned 23.03% as of today's recent price of $16.83.
Mexico Equity and Income Fund Up 24.3% Since SmarTrend Uptrend Call (MXE)
Comtex SmarTrend(R) - Wed Apr 10, 11:02AM CDT
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 4 months, Mexico Equity and Income Fund has returned 24.27% as of today's recent price of $17.00.
The Mexico Equity and Income Fund, Inc. Announces Delisting of Preferred Stock
Business Wire - Mon Mar 25, 9:45AM CDT
On March 21, 2013, the staff of NYSE Regulation, Inc. ("NYSE Regulation") notified the Mexico Equity and Income Fund, Inc. (the "Fund") (NYSE:MXE) (NYSE:MXEPR) that it has determined to commence proceedings to delist the Preferred Stock ("Preferred Stock") of The Mexico Equity and Income Fund, Inc. (the "Fund") from the New York Stock Exchange ("NYSE") because fewer than 100,000 shares of the Preferred Stock are publicly held. Trading in the Fund's Preferred Stock on the NYSE was suspended prior to the opening of trading on March 22, 2013.
Mexico Equity and Income Fund Has Returned 14.9% Since SmarTrend Recommendation (MXE)
Comtex SmarTrend(R) - Fri Jan 18, 11:12AM CST
SmarTrend identified an Uptrend for Mexico Equity and Income Fund (NYSE:MXE) on December 6th, 2012 at $13.68. In approximately 1 month, Mexico Equity and Income Fund has returned 14.91% as of today's recent price of $15.72.
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