STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.72
Forward Annual Dividend Rate
$0.72
Yield
Trailing Annual Dividend Yield
10.07%
Forward Annual Dividend Yield
12.83%
Dividend Date
Dividend Date
Apr 01, 2026
Ex-dividend Date
Mar 16, 2026
10.24 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Mar 02, 2026 | 0.06 | Mar 16, 2026 | Mar 16, 2026 | Apr 01, 2026 |
| Feb 02, 2026 | 0.06 | Feb 17, 2026 | Feb 17, 2026 | Mar 02, 2026 |
| Jan 02, 2026 | 0.06 | Jan 15, 2026 | Jan 15, 2026 | Jan 30, 2026 |
| Dec 01, 2025 | 0.06 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| Nov 03, 2025 | 0.06 | Nov 17, 2025 | Nov 17, 2025 | Dec 01, 2025 |
| Oct 01, 2025 | 0.06 | Oct 15, 2025 | Oct 15, 2025 | Nov 03, 2025 |
| Sep 02, 2025 | 0.06 | Sep 16, 2025 | Sep 16, 2025 | Oct 01, 2025 |
| Aug 01, 2025 | 0.06 | Aug 15, 2025 | Aug 15, 2025 | Sep 02, 2025 |
| Jul 01, 2025 | 0.06 | Jul 15, 2025 | Jul 15, 2025 | Aug 01, 2025 |
| Apr 01, 2025 | 0.06 | Jun 16, 2025 | Jun 16, 2025 | Jul 01, 2025 |
| Mar 03, 2025 | 0.18 | Mar 17, 2025 | Mar 17, 2025 | Apr 01, 2025 |
| Jun 06, 2024 | 0.18 | Dec 17, 2024 | Dec 17, 2024 | Dec 31, 2024 |
| Jun 03, 2024 | 0.18 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 |
| Mar 01, 2024 | 0.18 | Mar 14, 2024 | Mar 15, 2024 | Mar 28, 2024 |
| Dec 01, 2023 | 0.18 | Dec 14, 2023 | Dec 15, 2023 | Dec 29, 2023 |
| Sep 01, 2023 | 0.18 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 |
| Jun 01, 2023 | 0.18 | Jun 15, 2023 | Jun 16, 2023 | Jun 30, 2023 |
| Mar 01, 2023 | 0.18 | Mar 15, 2023 | Mar 16, 2023 | Mar 31, 2023 |
| Dec 01, 2022 | 0.18 | Dec 15, 2022 | Dec 16, 2022 | Dec 29, 2022 |
| Sep 01, 2022 | 0.18 | Sep 15, 2022 | Sep 16, 2022 | Sep 30, 2022 |
| Jun 01, 2022 | 0.18 | Jun 15, 2022 | Jun 16, 2022 | Jun 30, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No Data | |||||||||||||||||||
Frequently Asked Questions
Is XAI Madison Equity Premium Income Fund (MCN) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. XAI Madison Equity Premium Income Fund is also among the companies that regularly pay dividends.
What is MCN's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MCN's annual dividend yield for the trailing 12 months is 10.07.
When did MCN last pay a dividend?
MCN last paid dividends on 2026-04-01, with the ex-dividend date being 2026-03-16.
When was the last time MCN stock split?
MCN stock split took place on N/A.
How did MCN's stock split work?
Its last split took place on Invalid Date, when XAI Madison Equity Premium Income Fund went through a undefined split leaving the shareholder with undefined share(s) who previously owned undefined MCN share(s).