Madison Covered Call & Equity Strategy Fund (NYSE:MCN) Declares Monthly Dividend of $0.06

Madison Covered Call & Equity Strategy Fund (NYSE:MCN – Get Free Report) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be paid a dividend of $0.06 per share by the investment management company on Tuesday, December 1st. This represents a $0.72 dividend on an annualized basis and a yield of 13.3%. The ex-dividend date of this dividend is Monday, November 16th.

Madison Covered Call & Equity Strategy Fund Trading Down 0.3%

NYSE MCN opened at $5.39 on Tuesday. The business’s 50 day moving average is $5.44 and its two-hundred day moving average is $5.73. Madison Covered Call & Equity Strategy Fund has a 12-month low of $5.18 and a 12-month high of $6.20.

Institutional Trading of Madison Covered Call & Equity Strategy Fund

A number of institutional investors have recently modified their holdings of the business. Blue Bell Private Wealth Management LLC lifted its holdings in Madison Covered Call & Equity Strategy Fund by 798.2% in the third quarter. Blue Bell Private Wealth Management LLC now owns 24,288 shares of the investment management company’s stock valued at $128,000 after acquiring an additional 21,584 shares during the period. Isthmus Partners LLC acquired a new position in shares of Madison Covered Call & Equity Strategy Fund during the 3rd quarter worth $400,000. Shaker Financial Services LLC grew its stake in shares of Madison Covered Call & Equity Strategy Fund by 28.3% during the 3rd quarter. Shaker Financial Services LLC now owns 546,122 shares of the investment management company’s stock worth $2,902,000 after purchasing an additional 120,532 shares during the period. CoreCap Advisors LLC grew its stake in shares of Madison Covered Call & Equity Strategy Fund by 400.0% during the 3rd quarter. CoreCap Advisors LLC now owns 7,500 shares of the investment management company’s stock worth $39,000 after purchasing an additional 6,000 shares during the period. Finally, Tactive Advisors LLC increased its holdings in shares of Madison Covered Call & Equity Strategy Fund by 29.1% in the 3rd quarter. Tactive Advisors LLC now owns 21,885 shares of the investment management company’s stock valued at $115,000 after purchasing an additional 4,927 shares in the last quarter.

Madison Covered Call & Equity Strategy Fund Company Profile

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Further Reading

Dividend History for Madison Covered Call & Equity Strategy Fund (NYSE:MCN)

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