DIVIDEND ANNOUNCEMENT: Madison Covered Call & Equity Strategy Fund (NYSE:MCN) on 03/02/2020 declared a dividend of $0.1800 per share

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) on 03/02/2020 declared a dividend of $ 0.1800 per share payable on March 31, 2020 to shareholders of record as of March 17, 2020.

Madison Covered Call & Equity Strategy Fund (NYSE:MCN) has paid dividends since 2004, has a current dividend yield of 12.1416530609% and has increased its dividends for 0 successive years.

Madison Covered Call & Equity Strategy Fund's market cap is $ 159,813,500 and has a PE ratio of 0.00. The stock price closed yesterday at $ 5.93 and has a 52 week low/high of $ 5.73 and $ 6.97.

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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