Madison Covered Call & Equity Strategy Fund (NYSE:MCN) Shares Pass Below 200-Day Moving Average – What’s Next?

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Madison Covered Call & Equity Strategy Fund (NYSE:MCN – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.60 and traded as low as $5.46. Madison Covered Call & Equity Strategy Fund shares last traded at [...]

Madison Covered Call & Equity Strategy Fund ( NYSE:MCN – Get Free Report )’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.60 and traded as low as $5.

46. Madison Covered Call & Equity Strategy Fund shares last traded at $5.49, with a volume of 61,113 shares trading hands.



Madison Covered Call & Equity Strategy Fund Price Performance The company’s 50-day moving average price is $6.12 and its 200-day moving average price is $6.60.

Madison Covered Call & Equity Strategy Fund Announces Dividend The company also recently announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Wednesday, April 16th will be issued a $0.06 dividend.

The ex-dividend date is Tuesday, April 15th. This represents a yield of 13.56%.

Institutional Investors Weigh In On Madison Covered Call & Equity Strategy Fund About Madison Covered Call & Equity Strategy Fund ( Get Free Report ) 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.

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