NYSE:MCN

Madison Covered Call & Equity Strategy Fund (MCN) Stock Price, News & Analysis

$7.02
+0.05 (+0.72%)
(As of 04/22/2024 ET)
Today's Range
$6.96
$7.04
50-Day Range
$6.92
$7.50
52-Week Range
$6.69
$8.60
Volume
26,328 shs
Average Volume
51,428 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.26%
Price Target
N/A

About Madison Covered Call & Equity Strategy Fund

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.

MCN Stock Price History

MCN Stock News Headlines

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Madison Investments 2023 Year-End U.S. Equity Letter
MCN: Suitability Depends On Your View Of The Market
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Madison Covered Call & Equity Strategy Fd (XMCNX)
MCN Madison Covered Call & Equity Strategy Fund
How to Sell Covered Calls on Robinhood
Madison Covered Call & Equity Income I
Madison Covered Call & Equity Income Y
Madison Covered Call & Equity Income Fund (MENYX)
Madison Covered Call & Equity Income A
Madison Covered Call & Equity Strategy Fund (MCN)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
4/22/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$15.73 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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MCN Stock Analysis - Frequently Asked Questions

How have MCN shares performed in 2024?

Madison Covered Call & Equity Strategy Fund's stock was trading at $7.53 at the beginning of the year. Since then, MCN shares have decreased by 6.8% and is now trading at $7.02.
View the best growth stocks for 2024 here
.

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

Madison Covered Call & Equity Strategy Fund announced a quarterly dividend on Friday, March 1st. Investors of record on Friday, March 15th will be paid a dividend of $0.18 per share on Thursday, March 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.26%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for MCN
.

Is Madison Covered Call & Equity Strategy Fund a good dividend stock?

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.10%.
Read our dividend analysis for MCN.

What other stocks do shareholders of Madison Covered Call & Equity Strategy Fund own?
Who are Madison Covered Call & Equity Strategy Fund's major shareholders?

Madison Covered Call & Equity Strategy Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.00%) and Independent Wealth Network Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of Madison Covered Call & Equity Strategy Fund?

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

This page (NYSE:MCN) was last updated on 4/23/2024 by MarketBeat.com Staff

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