Looking at the universe of stocks we cover at Dividend Channel, on 12/13/13, Madison/Claymore Covered Call & Equity Strategy Fund (MCN) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 12/27/13. As a percentage of MCN's recent stock price of $8.20, this dividend works out to approximately 2.20%, so look for shares of Madison/Claymore Covered Call & Equity Strategy Fund to trade 2.20% lower — all else being equal — when MCN shares open for trading on 12/13/13.
MCN Ex-Dividend Reminder - 12/13/13
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