Dividends & Buybacks · · GlobeNewswire
XAI Madison Equity Premium Income Fund declares $0.060 monthly distribution
MCNXAI Madison Equity Premium Income Fund
XAI Madison Equity Premium Income Fund declared a regular monthly cash distribution of $0.060 per share on its common shares (NYSE: MCN). The distribution represents no change from the previous month's amount. The ex-dividend date is July 15, 2026, with record and payable dates also set for July 15, 2026, and August 3, 2026, respectively. Distributions may be paid from net investment income, capital gains, or return of capital. The Fund seeks to achieve a high level of current income by investing in common stocks and utilizing option strategies, primarily writing covered call options. This company operates as a registered closed-end investment fund focused on equity premium income strategies.