Media coverage about Madison Covered Call & Equity Strategy Fund (NYSE:MCN) has trended very positive on Thursday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Madison Covered Call & Equity Strategy Fund earned a coverage optimism score of 0.56 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 47.4166276715023 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Madison Covered Call & Equity Strategy Fund (MCN) traded down $0.06 during trading on Thursday, hitting $7.60. 19,300 shares of the stock traded hands, compared to its average volume of 53,543. Madison Covered Call & Equity Strategy Fund has a 1-year low of $7.40 and a 1-year high of $8.21.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 9.47%. The ex-dividend date of this dividend is Thursday, December 14th.
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Madison Covered Call & Equity Strategy Fund Company Profile
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.
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