Madison Strategic Sector Premium Fund Plans Quarterly Dividend of $0.26 (MSP)
Madison Strategic Sector Premium Fund (NYSE:MSP) announced a quarterly dividend on Friday, June 2nd. Stockholders of record on Friday, June 16th will be given a dividend of 0.26 per share by the investment management company on Friday, June 30th. This represents a $1.04 annualized dividend and a dividend yield of 8.55%. The ex-dividend date of this dividend is Wednesday, June 14th.
Madison Strategic Sector Premium Fund (NYSE:MSP) traded up 0.58% during midday trading on Friday, hitting $12.17. The stock had a trading volume of 11,602 shares. The firm has a 50 day moving average price of $12.08 and a 200 day moving average price of $12.03. Madison Strategic Sector Premium Fund has a one year low of $11.11 and a one year high of $12.42.
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About Madison Strategic Sector Premium Fund
Madison Strategic Sector Premium Fund (the Fund) 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.
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