Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Plans $0.18 Quarterly Dividend

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Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) declared a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 17th will be paid a dividend of 0.18 per share by the investment management company on Monday, December 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.98%. The ex-dividend date of this dividend is Monday, December 16th.

Shares of MCN traded up $0.06 during trading hours on Wednesday, reaching $6.56. The company had a trading volume of 80,020 shares, compared to its average volume of 69,997. The firm has a 50 day simple moving average of $6.45 and a 200-day simple moving average of $6.46. Madison Covered Call & Equity Strtgy Fd has a 12-month low of $5.72 and a 12-month high of $7.08.

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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Dividend History for Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)

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