Madison Covered Call & Equity Strategy Fund (NYSE:MCN) Declares $0.06 Dividend

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) declared a dividend on Wednesday, April 9th, investing.com reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 0.06 per share by the investment management company on Thursday, May 1st. This represents a dividend yield of 13.56%. The ex-dividend date is Tuesday, April 15th.

Madison Covered Call & Equity Strategy Fund Stock Performance

Shares of MCN stock opened at $5.43 on Friday. Madison Covered Call & Equity Strategy Fund has a 52 week low of $5.17 and a 52 week high of $7.60. The company’s 50 day moving average price is $6.19 and its two-hundred day moving average price is $6.65.

Madison Covered Call & Equity Strategy Fund 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.