NYSE:MCN

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

$7.13
+0.04 (+0.56%)
(As of 05/3/2024 08:52 PM ET)
Today's Range
$7.10
$7.15
50-Day Range
$6.92
$7.50
52-Week Range
$6.69
$8.33
Volume
26,000 shs
Average Volume
50,997 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
10.10%
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

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Madison Investments 2023 Year-End U.S. Equity Letter
MCN: Suitability Depends On Your View Of The Market
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
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
Receive MCN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Madison Covered Call & Equity Strategy Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
5/06/2024

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
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

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 stock has decreased by 5.3% and is now trading at $7.13.
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 declared 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 annualized dividend and a yield of 10.10%. 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 variety of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.00%), Private Advisor Group LLC (0.00%), Independent Wealth Network Inc. (0.00%) and Janney Montgomery Scott LLC (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 5/6/2024 by MarketBeat.com Staff

From Our Partners