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MCN Dividend

XAI Madison Equity Premium Income Fund

NYSEFinancial ServicesStockData as of
Dividend yield
13.66%
Annual dividend
$0.72
Payout ratio
0.00
Frequency
Monthly
Share price
$5.27
Market cap
$111M

Is MCN a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 13.66%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Dividend is comfortably coveredA payout ratio of 0.00 means roughly 0% of earnings go to the dividend, leaving room to keep paying through a weaker year.
  • Dividend has been cut 4 timesAcross 22 complete years, the annual total fell in 2009, 2010, 2025 and earlier. The most recent reduction was in 2025.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

MCN dividend history

Annual dividend per share, 2004 to 2025.

2004200820122016202020242025
Peak $1.32 in 2005Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for MCN, most recent first.
Ex-dividend datePay dateAmountType
$0.0600Monthly
$0.0600Monthly
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$0.0600Monthly
$0.0600Monthly
$0.0600Monthly
$0.0600Monthly
$0.0600Monthly
$0.1800Quarterly
$0.1800Quarterly
$0.1800Quarterly
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$0.1800Quarterly
$0.1800Quarterly
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$0.1800Quarterly
$0.1800Quarterly

How much would MCN pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate MCN dividend income →

MCN appears in

Closest to MCN on yield.

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Frequently asked questions

Does MCN pay a dividend?
Yes. XAI Madison Equity Premium Income Fund pays a monthly dividend, currently yielding 13.66% based on trailing twelve-month payments of $0.72 per share.
How much does MCN pay in dividends?
$0.72 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MCN ex-dividend date?
No upcoming ex-dividend date is currently on record for MCN. Dates appear here once the company declares them.