Madison Covered Call & Equity Strategy Fund (NYSE:MCN) Plans $0.18 Quarterly Dividend

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) declared a quarterly dividend on Thursday, June 6th, NASDAQ reports. Shareholders of record on Tuesday, September 17th will be given a dividend of 0.18 per share by the investment management company on Monday, September 30th. This represents a $0.72 dividend on an annualized basis and a yield of 9.85%. The ex-dividend date of this dividend is Tuesday, September 17th.

Madison Covered Call & Equity Strategy Fund Stock Up 0.4 %

Madison Covered Call & Equity Strategy Fund stock opened at $7.31 on Monday. The company has a fifty day moving average price of $7.24 and a two-hundred day moving average price of $7.24. Madison Covered Call & Equity Strategy Fund has a 12 month low of $6.69 and a 12 month high of $7.72.

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.