NYSE:MCN - Madison Covered Call & Equity Strtgy Fd Stock Price, News, & Analysis

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$7.82 0.00 (0.00 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$7.82
Today's Range$7.81 - $7.86
52-Week Range$7.09 - $7.92
Volume59,804 shs
Average Volume55,153 shs
Market Capitalization$148.75 million
P/E RatioN/A
Dividend Yield9.33%
Beta0.7
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. Under normal market conditions, the Fund will seek to generate current earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests in various sectors, including consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, telecommunication services, exchange traded funds, short-term investments, and the United States Government and agency obligations. The Fund's investment advisor is Madison Asset Management, LLC.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:MCN
CUSIPN/A
Phone+1-608-2740300

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares19,270,000
Market Cap$148.75 million

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Frequently Asked Questions

What is Madison Covered Call & Equity Strtgy Fd's stock symbol?

Madison Covered Call & Equity Strtgy Fd trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCN."

How often does Madison Covered Call & Equity Strtgy Fd pay dividends? What is the dividend yield for Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd announced a quarterly dividend on Monday, June 4th. Stockholders of record on Friday, June 15th will be given a dividend of $0.18 per share on Friday, June 29th. This represents a $0.72 annualized dividend and a dividend yield of 9.21%. The ex-dividend date of this dividend is Thursday, June 14th. View Madison Covered Call & Equity Strtgy Fd's Dividend History.

Who are Madison Covered Call & Equity Strtgy Fd's key executives?

Madison Covered Call & Equity Strtgy Fd's management team includes the folowing people:
  • Kevin M. Robinson JD, Chief Executive Officer, Chief Legal Officer (Age 55)
  • John L. Sullivan, Chief Financial Officer, Chief Accounting Officer, Treasurer (Age 62)
  • Frank E. Burgess, Senior Vice President, Trustee (Age 74)
  • W.Richard Mason, Chief Compliance Officer,Corporate Counsel, Assistant Secretary
  • Ann Edgeworth, Interim Chief Compliance Officer (Age 51)
  • Paul A. Lefurgey, Vice President (Age 50)
  • Pamela M. Krill, General Counsel- Chief Legal Officer, Assistant Secretary
  • Greg D. Hoppe, Treasurer (Age 47)
  • Holly S. Baggot, Assistant Treasurer, Secretary (Age 54)
  • Mark J. Furjanic, Assistant Treasurer (Age 58)

Has Madison Covered Call & Equity Strtgy Fd been receiving favorable news coverage?

Media coverage about MCN stock has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing 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 Strtgy Fd earned a daily sentiment score of 0.00 on Accern's scale. They also gave news headlines about the investment management company an impact score of 46.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Madison Covered Call & Equity Strtgy Fd.

Who are Madison Covered Call & Equity Strtgy Fd's major shareholders?

Madison Covered Call & Equity Strtgy Fd's stock is owned by many different of retail and institutional investors. Top institutional investors include Shaker Financial Services LLC (1.95%), Advisors Asset Management Inc. (1.02%), PNC Financial Services Group Inc. (0.58%), Wolverine Asset Management LLC (0.54%) and Bank of America Corp DE (0.54%). Company insiders that own Madison Covered Call & Equity Strtgy Fd stock include Gurminder Singh Sangha and Richard E Struthers. View Institutional Ownership Trends for Madison Covered Call & Equity Strtgy Fd.

Which institutional investors are selling Madison Covered Call & Equity Strtgy Fd stock?

MCN stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Wolverine Asset Management LLC and PNC Financial Services Group Inc.. View Insider Buying and Selling for Madison Covered Call & Equity Strtgy Fd.

Which institutional investors are buying Madison Covered Call & Equity Strtgy Fd stock?

MCN stock was acquired by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC and Bank of America Corp DE. Company insiders that have bought Madison Covered Call & Equity Strtgy Fd stock in the last two years include Gurminder Singh Sangha and Richard E Struthers. View Insider Buying and Selling for Madison Covered Call & Equity Strtgy Fd.

How do I buy shares of Madison Covered Call & Equity Strtgy Fd?

Shares of MCN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Madison Covered Call & Equity Strtgy Fd's stock price today?

One share of MCN stock can currently be purchased for approximately $7.82.

How big of a company is Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd has a market capitalization of $148.75 million.

How can I contact Madison Covered Call & Equity Strtgy Fd?

Madison Covered Call & Equity Strtgy Fd's mailing address is 550 Science Dr, MADISON, WI 53711-1059, United States. The investment management company can be reached via phone at +1-608-2740300.


MarketBeat Community Rating for Madison Covered Call & Equity Strtgy Fd (NYSE MCN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  34 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  73
MarketBeat's community ratings are surveys of what our community members think about Madison Covered Call & Equity Strtgy Fd and other stocks. Vote "Outperform" if you believe MCN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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