NYSE:MCN - Madison/Claymore Covered Call Fund Stock Price, Price Target & More

$7.32 -0.07 (-0.95 %)
(As of 04/22/2018 02:09 PM ET)
Previous Close$7.32
Today's Range$7.32 - $7.38
52-Week Range$7.09 - $8.15
Volume20,751 shs
Average Volume51,851 shs
Market Capitalization$148.75 million
P/E RatioN/A
Dividend Yield9.33%
Beta0.7

About Madison/Claymore Covered Call Fund (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 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

How to Become a New Pot Stock Millionaire

Madison/Claymore Covered Call Fund (NYSE:MCN) Frequently Asked Questions

What is Madison/Claymore Covered Call Fund's stock symbol?

Madison/Claymore Covered Call Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCN."

How often does Madison/Claymore Covered Call Fund pay dividends? What is the dividend yield for Madison/Claymore Covered Call Fund?

Madison/Claymore Covered Call Fund declared a quarterly dividend on Friday, March 2nd. Stockholders of record on Thursday, March 15th will be given a dividend of $0.18 per share on Thursday, March 29th. This represents a $0.72 annualized dividend and a dividend yield of 9.84%. The ex-dividend date is Wednesday, March 14th. View Madison/Claymore Covered Call Fund's Dividend History.

Who are some of Madison/Claymore Covered Call Fund's key competitors?

Who are Madison/Claymore Covered Call Fund's key executives?

Madison/Claymore Covered Call Fund'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/Claymore Covered Call Fund been receiving favorable news coverage?

Press coverage about MCN stock has been trending positive this week, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Madison/Claymore Covered Call Fund earned a coverage optimism score of 0.26 on Accern's scale. They also assigned news coverage about the investment management company an impact score of 47.44 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

How do I buy shares of Madison/Claymore Covered Call Fund?

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/Claymore Covered Call Fund's stock price today?

One share of MCN stock can currently be purchased for approximately $7.32.

How big of a company is Madison/Claymore Covered Call Fund?

Madison/Claymore Covered Call Fund has a market capitalization of $148.75 million.

How can I contact Madison/Claymore Covered Call Fund?

Madison/Claymore Covered Call Fund'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/Claymore Covered Call Fund (MCN)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  30 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  56
MarketBeat's community ratings are surveys of what our community members think about Madison/Claymore Covered Call Fund 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.

Analyst Ratings

Madison/Claymore Covered Call Fund (NYSE:MCN) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 4/22/2016 forward)

Earnings

Dividends

Madison/Claymore Covered Call Fund (NYSE:MCN) Dividend Information

Madison/Claymore Covered Call Fund pays an annual dividend of $0.72 per share, with a dividend yield of 9.84%. MCN's most recent quarterly dividend payment was Thursday, March 29.
Most Recent Dividend:3/29/2018
Annual Dividend:$0.72
Dividend Yield:9.84%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Madison/Claymore Covered Call Fund (NYSE:MCN)

Madison/Claymore Covered Call Fund (NYSE:MCN) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/2/2018quarterly$0.189.51%3/14/20183/15/20183/29/2018
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/Claymore Covered Call Fund (NYSE MCN) Insider Trading and Institutional Ownership History

Insider Trading History for Madison/Claymore Covered Call Fund (NYSE:MCN)
Insider Trading History for Madison/Claymore Covered Call Fund (NYSE:MCN)

Madison/Claymore Covered Call Fund (NYSE MCN) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/23/2018Gurminder Singh SanghaDirectorBuy2,000$0.05$100.00
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/Claymore Covered Call Fund (NYSE MCN) News Headlines

Source:
DateHeadline
Madison Covered Call & Equity Strtgy Fd (MCN) Announces $0.18 Quarterly DividendMadison Covered Call & Equity Strtgy Fd (MCN) Announces $0.18 Quarterly Dividend
www.americanbankingnews.com - March 2 at 8:30 PM
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/Claymore Covered Call Fund (NYSE:MCN) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Madison/Claymore Covered Call Fund (NYSE MCN) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff

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