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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Shareholder Yield % : 9.95% (As of Dec. 2023)


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What is Madison Covrd Call & Eqt Strtg Fd Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % was 9.95%.


Madison Covrd Call & Eqt Strtg Fd Shareholder Yield % Historical Data

The historical data trend for Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Madison Covrd Call & Eqt Strtg Fd Shareholder Yield % Chart

Madison Covrd Call & Eqt Strtg Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shareholder Yield %
Get a 7-Day Free Trial 10.86 10.67 8.98 9.24 9.56

Madison Covrd Call & Eqt Strtg Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.98 10.62 9.24 9.73 9.56

Competitive Comparison of Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield %

For the Asset Management subindustry, Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % falls into.



Madison Covrd Call & Eqt Strtg Fd Shareholder Yield % Calculation

Madison Covrd Call & Eqt Strtg Fd's Shareholder Yield % for the quarter that ended in Dec. 2023 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=9.56 %+0 %+0 %
=9.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Madison Covrd Call & Eqt Strtg Fd  (NYSE:MCN) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Madison Covrd Call & Eqt Strtg Fd Shareholder Yield % Related Terms

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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Business Description

Traded in Other Exchanges
N/A
Address
550 Science Drive, Madison, WI, USA, 53711
Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing primarily in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.
Executives
Jill M Friedow director 550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr other: Former Director 550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones director C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan officer: President MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers director 2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson officer: Chief Legal Officer MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege director 11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill officer: CLO and General Counsel 550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot officer: Secretary and Asst Treasurer 550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey officer: Vice President 1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason officer: CCO 2002 E PALMAIRE AVE, PHOENIX AZ 85020