About Madison Strategic Sector Premium Fund
Madison Strategic Sector Premium Fund (MSP) 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 focuses on pursuing its investment objectives by investing primarily in large and mid-capitalization common stocks. Under normal market conditions, the Fund seeks to generate earnings from option premiums by writing (selling) covered call options on a substantial portion of its portfolio securities. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, telecommunication services, exchange-traded funds and the United States Government and agency obligations. It also makes short-term investments, which include put options purchased. Madison Asset Management, LLC serves as the investment advisor of the Fund.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Equity
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: MSP
- CUSIP:
Key Metrics:
- Previous Close: $11.75
- 50 Day Moving Average: $11.70
- 200 Day Moving Average: $11.49
- 52-Week Range: $9.61 - $12.17
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Market Cap: $N/A
Additional Links:
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Consensus Ratings for Madison Strategic Sector Premium Fund (NYSE:MSP) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Madison Strategic Sector Premium Fund (NYSE:MSP)
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Earnings History for Madison Strategic Sector Premium Fund (NYSE:MSP)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Madison Strategic Sector Premium Fund (NYSE:MSP)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Madison Strategic Sector Premium Fund (NYSE:MSP)| Annual Dividend: | $1.04 |
| Dividend Yield: | 8.83% |
| Dividend Growth: | -9.10% (3 Year Average) |
| Payout Ratio: | |
Dividend History for Madison Strategic Sector Premium Fund (NYSE:MSP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/2/2016 | quarterly | $0.26 | 8.81% | 9/14/2016 | 9/16/2016 | 9/30/2016 |
| 6/3/2016 | quarterly | $0.26 | 8.99% | 6/15/2016 | 6/17/2016 | 6/30/2016 |
| 3/2/2016 | quarterly | $0.26 | 9.44% | 3/15/2016 | 3/17/2016 | 3/31/2016 |
| 12/2/2015 | quarterly | $0.26 | 9.15% | 12/15/2015 | 12/17/2015 | 12/30/2015 |
| 9/2/2015 | quarterly | $0.26 | 9.55% | 9/15/2015 | 9/17/2015 | 9/30/2015 |
| 6/2/2015 | quarterly | $0.26 | 8.51% | 6/16/2015 | 6/18/2015 | 6/30/2015 |
| 3/3/2015 | quarterly | $0.26 | 8.47% | 3/17/2015 | 3/19/2015 | 3/31/2015 |
| 12/1/2014 | quarterly | $0.26 | 8.34% | 12/15/2014 | 12/17/2014 | 12/30/2014 |
| 9/3/2014 | quarterly | $0.26 | 8.04% | 9/15/2014 | 9/17/2014 | 9/30/2014 |
| 6/3/2014 | quarterly | $0.26 | 8.12% | 6/16/2014 | 6/18/2014 | 6/30/2014 |
| 3/4/2014 | quarterly | $0.26 | 8.3% | 3/17/2014 | 3/19/2014 | 3/31/2014 |
| 12/2/2013 | quarterly | $0.26 | 8.7% | 12/13/2013 | 12/17/2013 | 12/27/2013 |
| 9/3/2013 | quarterly | $0.26 | 8.9% | 9/16/2013 | 9/18/2013 | 9/30/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Madison Strategic Sector Premium Fund (NYSE:MSP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 2/14/2014 | Lorence D Wheeler | Director | Sell | 1,245 | $12.12 | $15,089.40 |  |
| 3/14/2013 | Jay Sekelsky | VP | Sell | 3,386 | $12.01 | $40,665.86 | |
(Data available from 1/1/2013 forward)
Latest Headlines for Madison Strategic Sector Premium Fund (NYSE:MSP)
Madison Strategic Sector Premium Fund (NYSE:MSP) Chart for Friday, September, 30, 2016
