The Mexico Fund, Inc.
MXFFinancial Services · Stock · quarterly payer
Forward Yield
6.67%
Annual Dividend
$1.40
Payout Ratio
19%
5-Yr Growth
1.8%
Ex-Date
Oct 21, 2026
Frequency
Quarterly
Summary
As of September 2026, The Mexico Fund, Inc. (MXF) yields 6.67% ($1.40 per share annually), with a blended fair-value estimate of $45.23 — +116% upside, so it screens as undervalued. Dividend safety grade: B (68/100). 3 years of dividend growth.
Is MXF a good dividend stock?
Yes, with caveatsThe Mexico Fund, Inc. (MXF) pays a quarterly dividend yielding 6.67% ($1.40/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (19%)
- 40% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 6.67%
- Payout Ratio
- 19%
- Annual Dividend
- $1.40
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- Oct 21, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.80
- Market Cap
- $301.5M
- P/E Ratio
- 3.3
- 5-Yr Total Return
- 40%
- 52-Week Range
- $18.30 – $23.00
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
MXF Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+39%
5 Years
+40%
52-Week Range
$18.30 – $23.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MXF worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Mexico Fund, Inc. is $45.23 per share, versus a market price of $20.98. That implies 116% of upside — a margin of safety of about 54%.
Fair Value
$45.23
Current Price
$20.98
Upside
+116%
Margin of Safety
54%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.3% discount rate (CAPM), 1.8% stage-1 growth, 2.5% terminal growth, $6.38 EPS, $1.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MXF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 22, 2026 | — | $0.3500 | regular |
| Apr 22, 2026 | — | $0.3500 | regular |
| Jan 21, 2026 | — | $0.3500 | regular |
| Oct 22, 2025 | — | $0.2500 | regular |
| Jul 22, 2025 | — | $0.2500 | regular |
| Apr 22, 2025 | — | $0.2200 | regular |
| Jan 22, 2025 | — | $0.2200 | regular |
| Oct 22, 2024 | — | $0.2200 | regular |
| Jul 17, 2024 | — | $0.2200 | regular |
| Apr 16, 2024 | — | $0.2200 | regular |
| Jan 16, 2024 | — | $0.2200 | regular |
| Oct 17, 2023 | — | $0.2000 | regular |
| Jul 18, 2023 | — | $0.2000 | regular |
| Apr 18, 2023 | — | $0.2000 | regular |
Income Calculator
At $1.40 / yr per share
