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

$7.56 -0.04 (-0.53 %)
(As of 02/20/2018 02:55 PM ET)
Previous Close$7.60
Today's Range$7.54 - $7.59
52-Week Range$7.15 - $8.21
Volume28,704 shs
Average Volume56,946 shs
Market Capitalization$142.59 million
P/E RatioN/A
Dividend Yield9.73%
Beta0.71

About Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)

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

Industry Closed End Funds
Sub-IndustryN/A
SectorFinancials
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

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares19,270,000

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 declared a quarterly dividend on Monday, December 4th. Stockholders of record on Friday, December 15th will be given a dividend of $0.18 per share on Friday, December 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.52%. The ex-dividend date of this dividend is Thursday, December 14th. View Madison Covered Call & Equity Strtgy Fd's Dividend History.

Who are some of Madison Covered Call & Equity Strtgy Fd's key competitors?

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)

Who owns Madison Covered Call & Equity Strtgy Fd stock?

Madison Covered Call & Equity Strtgy Fd's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advisor Group Inc. (1.84%), Wells Fargo & Company MN (1.41%), Wolverine Asset Management LLC (0.45%) and Moloney Securities Asset Management LLC (0.10%). View Institutional Ownership Trends for Madison Covered Call & Equity Strtgy Fd.

Who bought Madison Covered Call & Equity Strtgy Fd stock? Who is buying Madison Covered Call & Equity Strtgy Fd stock?

Madison Covered Call & Equity Strtgy Fd's stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Inc., Wolverine Asset Management LLC, Wells Fargo & Company MN and Moloney Securities Asset Management LLC. View Insider Buying and Selling for Madison Covered Call & Equity Strtgy Fd.

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

Shares of Madison Covered Call & Equity Strtgy Fd 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 Madison Covered Call & Equity Strtgy Fd stock can currently be purchased for approximately $7.56.

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

Madison Covered Call & Equity Strtgy Fd has a market capitalization of $142.59 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 (MCN)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  24 (Vote Underperform)
Total Votes:  50
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Earnings History for Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)


No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Dividend Information

Most Recent Dividend:12/29/2017
Annual Dividend:$0.72
Dividend Yield:9.52%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/4/2017quarterly$0.189.39%12/14/201712/15/201712/29/2017
9/5/2017quarterly$0.189.21%9/14/20179/15/20179/29/2017
6/2/2017quarterly$0.188.97%6/14/20176/16/20176/30/2017
3/2/2017quarterly$0.188.86%3/15/20173/17/20173/31/2017
12/2/2016quarterly$0.189.16%12/14/201612/16/201612/30/2016
9/2/2016quarterly$0.189.09%9/14/20169/16/20169/30/2016
6/3/2016quarterly$0.189.35%6/15/20166/17/20166/30/2016
3/2/2016quarterly$0.189.77%3/15/20163/17/20163/31/2016
12/2/2015quarterly$0.189.27%12/15/201512/17/201512/30/2015
9/2/2015quarterly$0.189.8%9/15/20159/17/20159/30/2015
6/2/2015quarterly$0.188.64%6/16/20156/18/20156/30/2015
3/3/2015quarterly$0.188.56%3/17/20153/19/20153/31/2015
12/1/2014quarterly$0.188.47%12/15/201412/17/201412/30/2014
9/3/2014quarterly$0.188.17%9/15/20149/17/20149/30/2014
6/3/2014quarterly$0.188.34%6/16/20146/18/20146/30/2014
3/4/2014quarterly$0.188.61%3/17/20143/19/20143/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Madison Covered Call & Equity Strtgy Fd (NYSE MCN) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)
Insider Trades by Quarter for Madison Covered Call & Equity Strtgy Fd (NYSE:MCN)

Madison Covered Call & Equity Strtgy Fd (NYSE MCN) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/18/2017Richard E StruthersDirectorBuy700$7.53$5,271.00View SEC Filing  
11/21/2014Philip E BlakeDirectorBuy1,200$8.52$10,224.00View SEC Filing  
2/14/2014Lorence D WheelerDirectorSell1,825$8.26$15,074.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Madison Covered Call & Equity Strtgy Fd (NYSE MCN) News Headlines

Source:
DateHeadline
Madison Covered Call & Equity Strategy Fund (MCN) Plans $0.18 Quarterly DividendMadison Covered Call & Equity Strategy Fund (MCN) Plans $0.18 Quarterly Dividend
www.americanbankingnews.com - December 4 at 9:10 PM
Madison Strategic Sector Premium Fund (MSP) and Madison Covered Call and Equity Strategy Fund (MCN) Declare Quarterly DividendsMadison Strategic Sector Premium Fund (MSP) and Madison Covered Call and Equity Strategy Fund (MCN) Declare Quarterly Dividends
finance.yahoo.com - December 1 at 4:41 PM
Madison Strategic Sector Premium Fund Board Meeting UpdateMadison Strategic Sector Premium Fund Board Meeting Update
finance.yahoo.com - November 12 at 5:49 AM
OMERS buys landmark Berlin property Sony Center for 1.1 bln eurOMERS buys landmark Berlin property Sony Center for 1.1 bln eur
finance.yahoo.com - October 2 at 12:04 PM
Madison Covered Call & Equity Strategy Fund (MCN)Madison Covered Call & Equity Strategy Fund (MCN)
finance.yahoo.com - September 18 at 12:42 AM
Madison Covered Call & Equity Strtgy Fd (MCN) Plans $0.18 Quarterly DividendMadison Covered Call & Equity Strtgy Fd (MCN) Plans $0.18 Quarterly Dividend
www.americanbankingnews.com - September 5 at 9:45 PM
Madison Covered Call & Equity Strategy Fund and Madison Strategic Sector Premium Fund Announce Results of Joint Annual Meeting of ShareholdersMadison Covered Call & Equity Strategy Fund and Madison Strategic Sector Premium Fund Announce Results of Joint Annual Meeting of Shareholders
finance.yahoo.com - August 30 at 6:27 AM
Madison Strategic Sector Premium Fund and Madison Covered Call & Equity Strategy Fund Announce Postponement of Special MeetingMadison Strategic Sector Premium Fund and Madison Covered Call & Equity Strategy Fund Announce Postponement of Special Meeting
finance.yahoo.com - August 17 at 2:14 AM
Both Glass Lewis and ISS Support Madison Strategic Sector Premium Fund and Madison Covered Call & Equity Strategy Funds Board Nominees and ReorganizationBoth Glass Lewis and ISS Support Madison Strategic Sector Premium Fund and Madison Covered Call & Equity Strategy Fund's Board Nominees and Reorganization
finance.yahoo.com - August 8 at 11:17 PM
ISS Supports Reorganization of Madison Strategic Sector Premium Fund into Madison Covered Call & Equity Strategy Fund and Managements Board NomineesISS Supports Reorganization of Madison Strategic Sector Premium Fund into Madison Covered Call & Equity Strategy Fund and Management's Board Nominees
finance.yahoo.com - August 2 at 4:13 AM
Madison Asset Management Provides Updates on the Reorganization of Madison Strategic Sector Premium Fund into Madison Covered Call & Equity Strategy FundMadison Asset Management Provides Updates on the Reorganization of Madison Strategic Sector Premium Fund into Madison Covered Call & Equity Strategy Fund
finance.yahoo.com - July 8 at 12:26 PM
Form NSAR-B Madison Covered Call & For: Dec 31Form NSAR-B Madison Covered Call & For: Dec 31
www.streetinsider.com - February 27 at 6:09 PM
Madison Covered Call & Equity Strategy Fund declares $0.18 dividendMadison Covered Call & Equity Strategy Fund declares $0.18 dividend
seekingalpha.com - June 3 at 8:53 AM

SEC Filings

Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Madison Covered Call & Equity Strtgy Fd (NYSE MCN) Stock Chart for Tuesday, February, 20, 2018

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This page was last updated on 2/20/2018 by MarketBeat.com Staff

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