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 Monday, March 3rd, NASDAQ Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 11.29%. The ex-dividend date is Monday, March 17th.

Madison Covered Call & Equity Strategy Fund Price Performance

Madison Covered Call & Equity Strategy Fund stock traded down $0.02 during trading on Tuesday, hitting $6.38. The stock had a trading volume of 93,775 shares, compared to its average volume of 61,412. Madison Covered Call & Equity Strategy Fund has a 1 year low of $6.32 and a 1 year high of $7.72. The stock’s 50 day moving average is $6.57 and its two-hundred day moving average is $6.90.

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.