MXC Dividend Yield, History, and Stock Split

In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Mexco Energy Corporation is also among the companies that do not pay dividends.

Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MXC's annual dividend yield for the trailing 12 months is N/A.

MXC last paid dividends on May. 14, 2023, with the ex-dividend date being Apr. 27, 2023.

MXC stock split took place on Feb. 14, 2002.

Its last split took place on Feb. 14, 2002, when Mexco Energy Corporation went through a 11 : 10 split leaving the shareholder with 11 share(s) who previously owned 10 MXC share(s).