Madison Covered Call & Equity Strategy Fund (NYSE:MCN – Get Free Report) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be given a dividend of 0.06 per share by the investment management company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 12.8%. The ex-dividend date of this dividend is Monday, August 17th.
Madison Covered Call & Equity Strategy Fund Stock Up 0.1%
Shares of MCN opened at $5.64 on Tuesday. The business has a fifty day moving average of $5.64 and a 200 day moving average of $5.84. Madison Covered Call & Equity Strategy Fund has a one year low of $5.46 and a one year 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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