Press coverage about Madison Covered Call & Equity Strategy Fund (NYSE:MCN) has been trending very positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Madison Covered Call & Equity Strategy Fund earned a media sentiment score of 0.56 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 47.4166276715023 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Madison Covered Call & Equity Strategy Fund (MCN) traded up $0.04 during trading on Friday, hitting $7.72. The company’s stock had a trading volume of 102,321 shares, compared to its average volume of 55,176. Madison Covered Call & Equity Strategy Fund has a twelve month low of $7.40 and a twelve month high of $8.21.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.33%. The ex-dividend date was Thursday, December 14th.
About Madison Covered Call & Equity Strategy Fund
Madison Covered Call & Equity Strategy Fund is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund will pursue its investment objectives by investing primarily in large and mid-capitalization common stocks.
Receive News & Ratings for Madison Covered Call & Equity Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Madison Covered Call & Equity Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.