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 dividend yield of 11.29%. The ex-dividend date of this dividend is Monday, March 17th.

Madison Covered Call & Equity Strategy Fund Stock Down 0.4 %

Shares of NYSE MCN traded down $0.02 during trading hours on Tuesday, reaching $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 fifty-two week low of $6.32 and a fifty-two week high of $7.72. The firm has a 50-day moving average of $6.57 and a 200-day moving average of $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.