DIVIDEND ANNOUNCEMENT: Madison Covered Call & Equity Strategy Fund (NYSE:MCN) on 09/03/2019 declared a dividend of $0.1800 per share

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) on 09/03/2019 declared a dividend of $ 0.1800 per share payable on September 30, 2019 to shareholders of record as of September 18, 2019.

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) has paid dividends since 2004, has a current dividend yield of 11.3744077682% and has increased its dividends for 0 successive years.

Madison Covered Call & Equity Strategy Fund's market cap is $ 170,593,500 and has a PE ratio of 63.30. The stock price closed yesterday at $ 6.33 and has a 52 week low/high of $ 5.72 and $ 7.94.

Madison Covered Call & Equity Strategy Fund is registered as a diversified, closed-end management investment company. The Fund's primary investment objective is to provide a high level of income and gains, with a secondary objective of long-term capital appreciation. The Fund will pursue its investment objectives by investing in a portfolio consisting primarily of high quality, large capitalization common stocks that are, in the view of the Fund's Investment Manager, selling at a reasonable price in relation to their long-term earnings growth rates. As of Dec 31 2017, the Fund's investment portfolio totaled $167,121,294 and its assets totaled $167,211,972.

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