Madison Strategic Sector Premium Fund (NYSE:MSP) announced a quarterly dividend on Tuesday, September 5th, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.26 per share by the investment management company on Friday, September 29th. This represents a $1.04 annualized dividend and a yield of 8.99%. The ex-dividend date is Thursday, September 14th.

Shares of Madison Strategic Sector Premium Fund (MSP) traded down 0.406% on Wednesday, hitting $11.523. The stock had a trading volume of 7,470 shares. The company’s 50 day moving average price is $11.68 and its 200-day moving average price is $11.97. Madison Strategic Sector Premium Fund has a 12 month low of $11.21 and a 12 month high of $12.42.

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About Madison Strategic Sector Premium Fund

Madison Strategic Sector Premium Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund focuses on pursuing its investment objectives by investing primarily in large and mid-capitalization common stocks.

Dividend History for Madison Strategic Sector Premium Fund (NYSE:MSP)

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