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MCN DRIP Calculator & Dividend Yield 2026
13.51% YieldFinancial ServicesXAI Madison Equity Premium Income Fund · NYSE
Price: $5.33 · Annual div: $0.7200/share · Frequency: monthly · Payout ratio: N/A · Ex-div: 2026-10-15
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Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
MCN Dividend Yield
MCN (XAI Madison Equity Premium Income Fund) has a dividend yield of 13.51%, based on an annual dividend of $0.7200 per share and a price of $5.33. Over the last 12 months it paid $0.7200 per share — a trailing yield of 13.51%. Dividends are paid monthly.
Yield history: over the last 12 payments, MCN's 12-month yield ranged from 11.96% to 15.05%. Full MCN dividend history ↓
More monthly dividend stocks →More high-yield dividend stocks →
MCN DRIP Rate: How Many Shares Your Dividends Buy
With dividends reinvested, a MCN position grows its share count by about 13.51% in the first year at today's price and yield. If the yield stays near 13.51%, DRIP doubles your number of shares in about 6 years without adding new money.
💡 What-if scenarios
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🎯 When MCN pays your bills
Year your monthly dividend income covers each expense (based on current settings)
MCN Dividend History — Last 80 Payments
| Ex-Dividend Date | Payment Date | Amount / Share | TTM Yield | Stock Price |
|---|---|---|---|---|
| 2026-10-15Latest | 2026-11-02 | $0.0600 | 13.69% | $5.26 |
| 2026-09-15 | 2026-10-01 | $0.0600 | 13.61% | $5.73 |
| 2026-08-17 | 2026-09-01 | $0.0600 | 12.77% | $5.64 |
| 2026-07-15 | 2026-08-03 | $0.0600 | 13.00% | $5.54 |
| 2026-06-15 | 2026-07-01 | $0.0600 | 13.36% | $5.84 |
| 2026-05-15 | 2026-06-01 | $0.0600 | 11.96% | $6.02 |
| 2026-04-15 | 2026-05-01 | $0.0600 | 12.29% | $5.86 |
| 2026-03-16 | 2026-04-01 | $0.0600 | 14.68% | $6.13 |
| 2026-02-17 | 2026-03-02 | $0.0600 | 13.82% | $6.08 |
| 2026-01-15 | 2026-01-30 | $0.0600 | 12.85% | $6.07 |
| 2025-12-15 | 2025-12-31 | $0.0600 | 15.05% | $5.98 |
| 2025-11-17 | 2025-12-01 | $0.0600 | 13.95% | $6.02 |
| 2025-10-15 | 2025-11-03 | $0.0600 | 12.50% | $6.24 |
| 2025-09-16 | 2025-10-01 | $0.0600 | 14.24% | $6.32 |
| 2025-08-15 | 2025-09-02 | $0.0600 | 13.68% | $6.14 |
| 2025-07-15 | 2025-08-01 | $0.0600 | 12.34% | $6.32 |
| 2025-06-16 | 2025-07-01 | $0.0600 | 11.98% | $6.01 |
| 2025-05-15 | 2025-06-02 | $0.0600 | 14.95% | $5.62 |
| 2025-04-15 | 2025-05-01 | $0.0600 | 12.70% | $6.14 |
| 2025-03-17 | 2025-04-01 | $0.1800 | 11.25% | $6.40 |
| 2024-12-17 | 2024-12-31 | $0.1800 | 10.14% | $7.10 |
| 2024-09-17 | 2024-09-30 | $0.1800 | 9.93% | $7.25 |
| 2024-06-14 | 2024-06-28 | $0.1800 | 9.92% | $7.26 |
| 2024-03-14 | 2024-03-28 | $0.1800 | 9.89% | $7.28 |
| 2023-12-14 | 2023-12-29 | $0.1800 | 12.48% | $7.21 |
| 2023-09-14 | 2023-09-29 | $0.1800 | 12.23% | $7.36 |
| 2023-06-15 | 2023-06-30 | $0.1800 | 9.72% | $7.41 |
| 2023-03-15 | 2023-03-31 | $0.1800 | 9.06% | $7.95 |
| 2022-12-15 | 2022-12-29 | $0.1800 | 9.29% | $7.75 |
| 2022-09-15 | 2022-09-30 | $0.1800 | 9.40% | $7.66 |
| 2022-06-15 | 2022-06-30 | $0.1800 | 9.94% | $7.24 |
| 2022-03-15 | 2022-03-31 | $0.1800 | 9.29% | $7.75 |
| 2021-12-15 | 2021-12-30 | $0.1800 | 9.25% | $7.78 |
| 2021-09-15 | 2021-09-30 | $0.1800 | 8.57% | $8.40 |
| 2021-06-15 | 2021-06-30 | $0.1800 | 8.70% | $8.28 |
| 2021-03-15 | 2021-03-31 | $0.1800 | 12.38% | $7.27 |
| 2020-12-15 | 2020-12-30 | $0.1800 | — | — |
| 2020-09-15 | 2020-09-30 | $0.1800 | — | — |
| 2020-06-15 | 2020-06-30 | $0.1800 | — | — |
| 2020-03-16 | 2020-03-31 | $0.1800 | — | — |
| 2019-12-16 | 2019-12-30 | $0.1800 | — | — |
| 2019-09-17 | 2019-09-30 | $0.1800 | — | — |
| 2019-06-17 | 2019-06-28 | $0.1800 | — | — |
| 2019-03-14 | 2019-03-29 | $0.1800 | — | — |
| 2018-12-14 | 2018-12-31 | $0.1800 | — | — |
| 2018-09-17 | 2018-09-28 | $0.1800 | — | — |
| 2018-06-14 | 2018-06-29 | $0.1800 | — | — |
| 2018-03-14 | 2018-03-29 | $0.1800 | — | — |
| 2017-12-14 | 2017-12-29 | $0.1800 | — | — |
| 2017-09-14 | 2017-09-29 | $0.1800 | — | — |
| 2017-06-14 | 2017-06-30 | $0.1800 | — | — |
| 2017-03-15 | 2017-03-31 | $0.1800 | — | — |
| 2016-12-14 | 2016-12-30 | $0.1800 | — | — |
| 2016-09-14 | 2016-09-30 | $0.1800 | — | — |
| 2016-06-15 | 2016-06-30 | $0.1800 | — | — |
| 2016-03-15 | 2016-03-31 | $0.1800 | — | — |
| 2015-12-15 | 2015-12-30 | $0.1800 | — | — |
| 2015-09-15 | 2015-09-30 | $0.1800 | — | — |
| 2015-06-16 | 2015-06-30 | $0.1800 | — | — |
| 2015-03-17 | 2015-03-31 | $0.1800 | — | — |
| 2014-12-15 | 2014-12-30 | $0.1800 | — | — |
| 2014-09-15 | 2014-09-30 | $0.1800 | — | — |
| 2014-06-16 | 2014-06-30 | $0.1800 | — | — |
| 2014-03-17 | 2014-03-31 | $0.1800 | — | — |
| 2013-12-13 | 2013-12-27 | $0.1800 | — | — |
| 2013-09-16 | 2013-09-30 | $0.1800 | — | — |
| 2013-06-14 | 2013-06-28 | $0.1800 | — | — |
| 2013-03-15 | 2013-03-29 | $0.1800 | — | — |
| 2012-11-13 | 2012-11-30 | $0.1800 | — | — |
| 2012-08-13 | 2012-08-31 | $0.1800 | — | — |
| 2012-05-11 | 2012-05-31 | $0.1800 | — | — |
| 2012-02-13 | 2012-02-29 | $0.1800 | — | — |
| 2011-11-10 | 2011-11-30 | $0.1800 | — | — |
| 2011-08-11 | 2011-08-31 | $0.1800 | — | — |
| 2011-05-11 | 2011-05-31 | $0.1800 | — | — |
| 2011-02-11 | 2011-02-28 | $0.1800 | — | — |
| 2010-11-10 | 2010-11-30 | $0.1800 | — | — |
| 2010-08-11 | 2010-08-31 | $0.1800 | — | — |
| 2010-05-12 | 2010-05-28 | $0.1800 | — | — |
| 2010-02-10 | 2010-02-26 | $0.1800 | — | — |
About XAI Madison Equity Premium Income Fund (MCN) — Dividend Analysis 2026
The XAI Madison Equity Premium Income Fund operates as a closed-end investment vehicle. Its core mission is to generate significant current income and immediate profits, with a complementary objective of achieving long-term capital appreciation. This fund was established on May 6, 2004, and maintains its principal office in Madison, Wisconsin.
MCN Dividend & DRIP — Frequently Asked Questions
What is MCN's dividend yield?
MCN (XAI Madison Equity Premium Income Fund) has a dividend yield of 13.51%, based on an annual dividend of $0.7200 per share and a price of $5.33. Over the last 12 months it paid $0.7200 per share — a trailing yield of 13.51%. Dividends are paid monthly.
How much does $10,000 in MCN pay in dividends?
$10,000 in MCN at a 13.51% yield pays about $1,351 a year ($113 a month) before taxes. With DRIP, reinvested dividends buy more shares and that income compounds.
What is the DRIP rate for MCN?
With dividends reinvested, a MCN position grows its share count by about 13.51% in the first year at today's price and yield. If the yield stays near 13.51%, DRIP doubles your number of shares in about 6 years without adding new money.
How do I calculate MCN dividend reinvestment (DRIP) returns?
Enter your starting amount, monthly contribution and time horizon in the MCN DRIP calculator at the top of this page. It reinvests each payout into new shares at the projected price, grows the dividend at the rate you choose and shows yearly income, share count, portfolio value and yield on cost. You can switch DRIP off to compare.
When is MCN's next ex-dividend date?
MCN's next ex-dividend date has not been announced yet; the most recent one was 2026-10-15. MCN pays dividends monthly. Buy before the ex-dividend date to receive the next payment.
What is MCN's dividend growth rate?
MCN's dividend changed -7.7% over the last year and 0.0% a year on average over five years.
Similar dividend stocks to MCN
Forward dividend yield from the latest data · open any DRIP calculator
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
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🌍 MCN Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold MCN.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 13.51% | 10.71% | $1,351 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 11.48% | 8.68% | $1,148 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 10.81% | 8.01% | $1,081 / yr |
| 🇬🇧 UK ISA | 0% | 13.51% | 10.71% | $1,351 / yr |
| 🇬🇧 UK Taxable | 8.75% | 12.33% | 9.53% | $1,233 / yr |
| 🇨🇦 TFSA | 0% | 13.51% | 10.71% | $1,351 / yr |
| 🇨🇦 CA Taxable | 25% | 10.13% | 7.33% | $1,013 / yr |
| 🇦🇺 Super (pension) | 15% | 11.48% | 8.68% | $1,148 / yr |
| 🇦🇺 AU Taxable | 30% | 9.46% | 6.66% | $946 / yr |
| 🇩🇪 DE Taxable | 26.375% | 9.95% | 7.15% | $995 / yr |
| 🇫🇷 FR Taxable | 30% | 9.46% | 6.66% | $946 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 MCN Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $0.72/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 MCN Dividend Payment Schedule
MCN pays every month — 12 payments per year.
📊 MCN vs Financial Services Benchmarks
How MCN compares to typical Financial Services averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MCN sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ MCN Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
| Insider | Title | Type | Date | Shares | Price | Total Value |
|---|---|---|---|---|---|---|
| Buy | 2024-12-19 | 500 | $6.60 | $3.3K | ||
| Buy | 2024-12-19 | 2,000 | $6.63 | $13.3K |
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
Peer Group
Similar companies in the same sectorCompare MCN with peers: MCN vs BOGIX · MCN vs HEQ · MCN vs RSMRX
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MCN dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
XAI Madison Equity Premium Income Fund (MCN) is currently trading at $5.33, trading near its 52-week low. The current dividend yield is 13.51% based on an annual payout of $0.7200 per share.
MCN (XAI Madison Equity Premium Income Fund) — 13.51% Dividend Yield Analysis
XAI Madison Equity Premium Income Fund (MCN) is a financial services stock currently trading at $5.33 with a dividend yield of 13.51%. It pays an annual dividend of $0.7200 per share.
- Above-average yield (13.51%) may signal elevated risk — verify sustainability.
Auto-generated from live market data. For educational purposes only — not financial advice.
Latest MCN News
LiveNews aggregated from public sources via Finnhub & RSS. For informational purposes only.
How investors use the MCN dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.