Media coverage about Madison Strategic Sector Premium Fund (NYSE:MSP) has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.13 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 44.881433355987 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Madison Strategic Sector Premium Fund (MSP) traded down $0.02 on Wednesday, reaching $11.54. 6,700 shares of the company traded hands, compared to its average volume of 12,740. Madison Strategic Sector Premium Fund has a 52 week low of $11.29 and a 52 week high of $12.42.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.04 annualized dividend and a yield of 9.01%.

In other Madison Strategic Sector Premium Fund news, Director Frank E. Burgess sold 5,000 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $11.70, for a total transaction of $58,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Frank E. Burgess sold 7,000 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $11.64, for a total transaction of $81,480.00. The disclosure for this sale can be found here.

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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.

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

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