Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Plans $0.18 Quarterly Dividend
Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) declared a quarterly dividend on Monday, June 3rd, NASDAQ reports. Stockholders of record on Tuesday, June 18th will be given a dividend of 0.18 per share by the investment management company on Friday, June 28th. This represents a $0.72 annualized dividend and a dividend yield of 10.96%. The ex-dividend date of this dividend is Monday, June 17th.
Madison Covered Call & Equity Strtgy Fd has raised its dividend payment by an average of 10.1% annually over the last three years.
Shares of MCN stock traded down $0.02 during trading on Wednesday, hitting $6.57. The company’s stock had a trading volume of 500 shares, compared to its average volume of 73,313. Madison Covered Call & Equity Strtgy Fd has a 52 week low of $5.72 and a 52 week high of $7.94.
Madison Covered Call & Equity Strtgy Fd Company Profile
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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