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

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) declared a monthly dividend on Tuesday, September 2nd. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.06 per share by the investment management company on Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Tuesday, September 16th.

Madison Covered Call & Equity Strategy Fund Stock Performance

Shares of NYSE:MCN opened at $6.25 on Friday. Madison Covered Call & Equity Strategy Fund has a 1-year low of $5.16 and a 1-year high of $7.47. The business has a fifty day moving average price of $6.24 and a 200-day moving average price of $6.06.

About Madison Covered Call & Equity Strategy Fund

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.