Monitor Form 1099 for tax characterization of distributions; assess sustainability of distribution relative to net investment income in future reports. Stable payout supports yield-focused strategies, but lack of increase and potential return of capital may limit appeal for income growth investors.
Price Chart
Executive Summary
XAI Madison Equity Premium Income Fund (MCN) declared its regular monthly distribution of $0.060 per share, unchanged from the prior month, payable on May 1, 2026. The dividend maintains stability but carries uncertainty around its tax composition, with potential return of capital implications.
Key Facts
- Declared monthly distribution of $0.060 per share, unchanged from previous month
- Record and ex-dividend date: April 15, 2026; payable date: May 1, 2026
- Distribution may include return of capital, not solely from net investment income
- No change in distribution amount indicates stable income policy, but no growth signal
Financial Impact
$0.060 per share monthly distribution, annualized $0.72 per share
Risk Factors
- Portion of distribution may be return of capital, reducing shareholder tax basis
- No assurance future distributions will continue at current level
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3267004 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $5.33 | awaiting T+20 | — | $5.35 (+0.38%) |
Oct 1, 2026 26d ago | Press Release | $5.26 | awaiting T+20 | — | $5.35 (+1.71%) |
May 19, 2026 23w ago | DEFA14A | $5.86 $5.55 | ▼ −5.29% | ▼ −6.03% | $5.35 (−8.70%) |
May 19, 2026 23w ago | 8-K | $5.86 $5.55 | ▼ −5.29% | ▼ −6.03% | $5.35 (−8.70%) |
May 1, 2026 25w ago | Press Release | $6.00 $5.84 | ▼ −2.67% | ▼ −8.31% | $5.35 (−10.83%) |
Apr 22, 2026 26w ago | Press Release | $5.91 $5.86 | ▼ −0.85% | ▼ −5.48% | $5.35 (−9.48%) |
Apr 1, 2026 29w ago | Press Release | $5.74 $6.02 | ▲ +4.85% | ▼ −5.02% | $5.35 (−6.82%) |
Mar 2, 2026 34w ago | Press Release | $5.95 $5.77 | ▼ −2.97% | ▲ +1.44% | $5.35 (−10.05%) |
US Market Status
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