MCN Dividend
XAI Madison Equity Premium Income Fund
NYSEFinancial ServicesStockData as of
- Dividend yield
- 13.26%
- Annual dividend
- $0.72
- Payout ratio
- 0.00
- Frequency
- Monthly
- Share price
- $5.43
- Market cap
- $114M
Next payment
Ex-dividend date: Pay date: Amount: $0.0600
You must own the shares before the ex-dividend date to receive this payment.
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 13.26%, the yield is more than three times the median of 2.81% 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.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
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| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.0600 | Monthly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
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| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly | ||
| $0.1800 | Quarterly |
How much would MCN pay you?
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Calculate MCN dividend income →MCN appears in
Other financial services dividend stocks
Closest to MCN on yield.
- MSDLMorgan Stanley Direct Lending Fund13.25%
- CGBDCarlyle Secured Lending, Inc.13.29%
- AWPabrdn Global Premier Properties Fund13.22%
- PFNPIMCO Income Strategy Fund II13.32%
- FTFFranklin Limited Duration Income Trust13.35%
- DSUBlackRock Debt Strategies Fund, Inc.13.42%
- DSLDoubleLine Income Solutions Fund13.10%
- JRINuveen Real Asset Income and Growth Fund13.43%
Frequently asked questions
- Does MCN pay a dividend?
- Yes. XAI Madison Equity Premium Income Fund pays a monthly dividend, currently yielding 13.26% 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?
- The next ex-dividend date on record is November 16, 2026, with payment on December 1, 2026. You must own the shares before the ex-dividend date to receive that payment.