XAI Madison Equity Premium Income Fund (MCN) Dividend Calculator
XAI Madison Equity Premium Income Fund · how much MCN pays you, by shares or dollars · updated
100 shares of XAI Madison Equity Premium Income Fund (MCN) pay $72.00 a year in dividends, about $6.00 each month, at the current monthly dividend of $0.06 per share (as of Nov 5, 2026). At the $5.37 share price that is a 13.40% yield, so $10,000 buys about 1,861.6 shares and pays about $1,340 a year. To get the next payment, buy by Nov 13, 2026.
Per share, a year
$0.72
100 shares, a year
$72.00
$10,000 invested, a year
$1,340.33
Shares for $1,000 a month
16,667
MCN XAI Madison Equity Premium Income Fund
$5.37 · $0.72/yr dividend · 13.33% yield · monthly
Annual income
$72.00
Monthly (average)
$6.00
Per payment (monthly)
$6.00
Dividend yield
13.41%
Yield on cost
—
Enter your cost
Position value
$537
Your payments over the next 12 months
Based on MCN's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 0% a year
Same shares, no reinvestment. Year 10: $72 · 10-year total: $720. Add reinvestment in the DRIP calculator →
How many MCN shares for a monthly income
Shares and money needed to earn each monthly amount from XAI Madison Equity Premium Income Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 1,667 | $8,955 |
| $250 a month | 4,167 | $22,384 |
| $500 a month | 8,334 | $44,769 |
| $1,000 a month | 16,667 | $89,532 |
| $2,000 a month | 33,334 | $179,064 |
| $5,000 a month | 83,334 | $447,654 |
What 100 shares of MCN paid each year
Holding 100 shares, you would have received $72.00 in 2016 and $72.00 in 2025, up 0%, without buying another share.
When you get the next MCN dividend
Last day to buy
Nov 13, 2026
Ex-dividend date
Nov 16, 2026
Pay date
Nov 30, 2026
Buy MCN by the close on the last day to buy and you are paid $0.06 per share on Nov 30, 2026. Buy on the ex-dividend date or later and the seller gets it. MCN ex-dividend dates →
How the MCN dividend is calculated
Yearly income = shares × $0.72
Each payment = shares × $0.06
Shares for a monthly income = (monthly goal × 12) ÷ $0.72
The rate is XAI Madison Equity Premium Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the MCN dividend safety grade before counting on it.
Key facts: XAI Madison Equity Premium Income Fund (MCN) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of XAI Madison Equity Premium Income Fund (MCN) pay $72.00 a year in dividends before tax, about $6.00 each month, at $0.72 per share a year.
- At its Nov 5, 2026 share price of $5.37, MCN yields 13.40%: $10,000 buys about 1,861.6 shares, which pay about $1,340.33 a year.
- Earning $1,000 a month ($12,000 a year) from MCN dividends alone takes about 16,667 shares, roughly $89,532 at today's price, before tax.
- 100 shares of MCN paid $72.00 in dividends in 2016 and $72.00 in 2025, up 0%.
- The next MCN dividend goes ex-dividend on Nov 16, 2026 and is paid on Nov 30, 2026; the last day to buy shares and receive it is Nov 13, 2026.
Cite this page
SmarterDividends, "XAI Madison Equity Premium Income Fund (MCN) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/MCN/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of MCN pay?
As of Nov 5, 2026, 100 shares of XAI Madison Equity Premium Income Fund (MCN) pay $72.00 a year in dividends before tax, about $6.00 each month, at $0.72 per share a year.
How much dividend does 1,000 shares of MCN pay?
About $720 a year before tax, or $60.00 each month, at XAI Madison Equity Premium Income Fund's current rate of $0.72 per share a year. Buying 1,000 shares costs about $5,372 at the Nov 5, 2026 price.
How many shares of MCN do I need to make $1,000 a month?
About 16,667 shares. $1,000 a month is $12,000 a year; divided by $0.72 a share, that's 16,667 shares, or about $89,532 at today's $5.37 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in MCN to make $100 a month?
About $8,953. $100 a month is $1,200 a year, and at a 13.40% yield that takes $8,953, or about 1,667 shares.
How often does XAI Madison Equity Premium Income Fund pay dividends?
XAI Madison Equity Premium Income Fund (MCN) pays every month, so you get 12 payments a year of about $0.06 per share each.
How is the MCN dividend calculated?
Multiply your shares by the dividend per share. XAI Madison Equity Premium Income Fund pays about $0.72 per share a year, so each share earns $0.72 a year and $0.06 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are MCN dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to MCN