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

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) announced a quarterly dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Monday, March 17th will be paid a dividend of 0.18 per share by the investment management company on Tuesday, April 1st. This represents a $0.72 dividend on an annualized basis and a yield of 11.29%. The ex-dividend date is Monday, March 17th.

Madison Covered Call & Equity Strategy Fund Stock Performance

Madison Covered Call & Equity Strategy Fund stock traded down $0.02 during midday trading on Tuesday, reaching $6.38. The stock had a trading volume of 93,775 shares, compared to its average volume of 61,412. The company has a fifty day moving average price of $6.57 and a two-hundred day moving average price of $6.90. Madison Covered Call & Equity Strategy Fund has a 12 month low of $6.32 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.