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 given 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%
Shares of MCN stock 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 twelve month low of $5.18 and a twelve month high of $6.20.
Institutional Investors Weigh In On Madison Covered Call & Equity Strategy Fund
Several hedge funds have recently modified their holdings of the stock. Arlington Capital Management Inc. boosted its holdings in shares of Madison Covered Call & Equity Strategy Fund by 8.1% in the first quarter. Arlington Capital Management Inc. now owns 26,834 shares of the investment management company’s stock valued at $156,000 after acquiring an additional 2,004 shares in the last quarter. Procyon Advisors LLC raised its holdings in Madison Covered Call & Equity Strategy Fund by 4.6% during the first quarter. Procyon Advisors LLC now owns 51,686 shares of the investment management company’s stock worth $301,000 after purchasing an additional 2,265 shares in the last quarter. World Equity Group Inc. raised its holdings in Madison Covered Call & Equity Strategy Fund by 2.4% during the first quarter. World Equity Group Inc. now owns 113,928 shares of the investment management company’s stock worth $664,000 after purchasing an additional 2,698 shares in the last quarter. Axiom Investment Management LLC acquired a new stake in Madison Covered Call & Equity Strategy Fund in the first quarter valued at about $25,000. Finally, Tactive Advisors LLC lifted its position in Madison Covered Call & Equity Strategy Fund by 40.1% in the second quarter. Tactive Advisors LLC now owns 16,958 shares of the investment management company’s stock valued at $94,000 after purchasing an additional 4,855 shares during the period.
Madison Covered Call & Equity Strategy Fund Company Profile
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