Madison Strategic Sector Premium Fund (NYSE:MSP) Receiving Somewhat Negative News Coverage, Accern Reports

Press coverage about Madison Strategic Sector Premium Fund (NYSE:MSP) has trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Madison Strategic Sector Premium Fund earned a daily sentiment score of -0.06 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near term.

Madison Strategic Sector Premium Fund (NYSE:MSP) traded down 0.60% during midday trading on Monday, reaching $11.68. The company’s stock had a trading volume of 8,683 shares. Madison Strategic Sector Premium Fund has a 1-year low of $11.21 and a 1-year high of $12.42. The stock’s 50-day moving average price is $12.06 and its 200 day moving average price is $12.04.

The business also recently announced a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 16th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 14th. This represents a $1.04 annualized dividend and a yield of 8.85%.

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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.

Insider Buying and Selling by Quarter for Madison Strategic Sector Premium Fund (NYSE:MSP)

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