Madison Covered Call & Equity Strategy Fund (MCN) Ex-Dividend Date Scheduled for September 14, 2016
Madison Covered Call & Equity Strategy Fund ( MCN ) will begin trading ex-dividend on September 14, 2016. A cash dividend payment of $0.18 per share is scheduled to be paid on September 30, 2016. Shareholders who purchased MCN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 27th quarter that MCN has paid the same dividend. At the current stock price of $7.84, the dividend yield is 9.18%.
The previous trading day's last sale of MCN was $7.84, representing a -2.24% decrease from the 52 week high of $8.02 and a 23.27% increase over the 52 week low of $6.36.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.