Madison Covered Call & Equity Strategy Fund (NYSE:MCN – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.06 per share by the investment management company on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 13.0%. The ex-dividend date of this dividend is Wednesday, July 15th.
Madison Covered Call & Equity Strategy Fund Trading Up 0.3%
MCN opened at $5.54 on Thursday. The firm has a 50-day moving average price of $5.78 and a 200-day moving average price of $5.90. Madison Covered Call & Equity Strategy Fund has a twelve month low of $5.46 and a twelve month high of $6.39.
Madison Covered Call & Equity Strategy Fund Company Profile
Madison Covered Call & Equity Strategy Fund (NYSE: MCN) is a closed-end management investment company designed to provide investors with total return through a blend of current income and capital appreciation. Listed on the New York Stock Exchange, the Fund pursues its objective by investing primarily in equity securities of U.S. companies and employing an options overlay to enhance income generation.
The Fund’s investment approach centers on fundamental analysis to identify large- and mid-cap stocks with attractive risk/return profiles.
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