Madison Covered Call & Equity Strategy Fund (MCN) To Go Ex-Dividend on March 17th

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 given 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

Shares of NYSE:MCN opened at $6.38 on Wednesday. The firm’s 50 day moving average is $6.56 and its two-hundred day moving average is $6.90. Madison Covered Call & Equity Strategy Fund has a 52 week low of $6.32 and a 52 week high of $7.72.

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.