Press coverage about Madison Strategic Sector Premium Fund (NYSE:MSP) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Madison Strategic Sector Premium Fund earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 45.8742174691905 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of MSP stock opened at $11.21 on Friday. Madison Strategic Sector Premium Fund has a 12-month low of $10.72 and a 12-month high of $12.37.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 15th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 9.28%. The ex-dividend date of this dividend was Wednesday, March 14th.
Madison Strategic Sector Premium Fund Company Profile
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.
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