DividendMay 1, 2026, 04:17 PM
XAI Madison Equity Premium Income Fund Declares $0.060 Monthly Distribution
AI Summary
The XAI Madison Equity Premium Income Fund declared a regular monthly distribution of $0.060 per share on its common shares (NYSE: MCN). This distribution is payable on June 1, 2026, to common shareholders of record as of May 15, 2026. The amount represents no change from the previous month's distribution. The fund clarified that distributions may be sourced from net investment income, capital gains, and/or a return of capital, with tax characteristics to be reported on Form 1099.
Key Highlights
- Declared a regular monthly distribution of $0.060 per share.
- Payable on June 1, 2026.
- Record Date and Ex-Dividend Date are May 15, 2026.
- Distribution amount shows no change from the previous month's $0.060 per share.
- Distributions may be paid from net investment income, capital gains, and/or a return of capital.
- Specific tax characteristics will be reported on Form 1099 after the 2026 calendar year.
Price Impact
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