Breaking News
The Mexico Fund, Inc. Declares Distribution
The Mexico Fund, Inc. (NYSE: MXF), announced that the Board of Directors (Board) declared a distribution of $0.20 per share to stockholders of record on April 19, 2023, which is payable in cash on April 27, 2023.
The Board has approved the continuation of the Fund’s MDP during 2023. The Board may amend or terminate the MDP at any time without prior notice to stockholders. Since the implementation of the MDP in September 2008, the Fund has paid a total of $25.56 per share in cash distributions to stockholders.
The amount of distributable income for each fiscal period depends on the aggregate gains and losses realized by the Fund during the entire year. Distributions may consist of net investment income, capital gains and return of capital, but the character of these distributions cannot be determined until after the end of the Fund’s fiscal year. However, under the Investment Company Act of 1940, the Fund is required to indicate the source of each distribution to stockholders.
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s MDP.
Companies In This Post
- MPE 2026: SoundCloud on the Payments Paradigm Shift Driven by LLMs and AI Read more
- FCA Announces Second Cohort for AI Live Testing Read more
- InsurTech NY: QuickFacts on Underwriting Data Read more
- InsurTech NY: Solvrays on Fixing Back Office Read more
- InsurTech NY: Wisedocs on Claims Continuity Read more
IMAN Holding Announces $100 Million Fundraise to Expand AI-Driven Islamic Banking Platform
IMAN Holdings has announced an ongoing capital raise of $100 million to support the development and global expansion of its AI-driven Islamic banking platform
Slash Achieves Unicorn Status Following $100m Series C Fundraise
Slash Financial, Inc. is now valued at $1.4 billion following a $100m Series C funding round elevating Slash to unicorn status
spektr Raises $20M Series A to Eliminate Manual Compliance Work Across Financial Services
spektr has raised $20 million in Series A funding to expand spektr’s AI compliance platform and accelerate adoption across financial institutions
SolvaPay Raises €2.4M and Launches the World’s First Payment Layer Built for the Agentic Economy
SolvaPay, an AI payments platform based in Stockholm, today announces €2.4 million ($2.8M) in pre-seed funding to build out its new payment infrastructure platform, built to power the emerging era of agentic commerce.
Wamo Closes €10m Series A to Power European SMEs
Wamo has raised €10 million in Series A funding to accelerate expansion in Italy and the Nordics
Round Raises $6m to Build AI That Actually Runs Finance Operations
Round, the AI-powered finance automation platform used by some of Europe’s fastest-growing companies and unicorns, has raised $6 million in Seed funding
Pipe Raises $16 Million in New Funding Round Led by Fin Capital and MaC Venture Capital
Pipe, a fintech that provides customer-friendly embedded financial solutions for small businesses, announced a $16 million funding round
MPE 2026: SoundCloud on the Payments Paradigm Shift Driven by LLMs and AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FCA Announces Second Cohort for AI Live Testing
At UK FinTech Week the FCA has confirmed the second group of firms selected to join AI Live Testing
InsurTech NY: QuickFacts on Underwriting Data
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Solvrays on Fixing Back Office
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Wisedocs on Claims Continuity
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Fintech Meetup 2026: What Are Some of the Key Themes/Buzzwords You’re Hearing at the Event?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Lloyds Expands Responsible AI Expertise as It Advances Its AI Journey
Lloyds Banking Group is strengthening its Responsible AI capability as it progresses into the next phase of its AI strategy