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MENAX
Madison Covered Call & Equity Income Fund Class ANMFQS

MENAX Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Madison Covered Call & Equity Income Fund Class A. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
$9.06
MENA

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: $906.00
Shares: 100

1 Year

15 Years

30 Years

0% (No Growth)

10%

20%

0% (No Growth)

10%

20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

With DRIP
Without DRIP
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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is MENAX a Good Investment for 2026?

Based on the current price of $9.06, MENAX offers a compelling dividend yield of 8.59%. This is higher than the S&P 500 average.

Historically, Madison Covered Call & Equity Income Fund Class A has grown its payouts by an average of 7.1% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

MENAX vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
MENA
MENAX
Madison Covered Call & Equity Income Fund Class A
8.59%7.1%1.29%ACTIVE
JEPQ_logo
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
10.94%-0.35%Calculate →
SCHD_logo
SCHD
Schwab U.S. Dividend Equity ETF
3.06%9.2%0.06%Calculate →
VOO_logo
VOO
Vanguard S&P 500 ETF
1.04%7.4%0.03%Calculate →

Frequently Asked Questions about MENAX

How much does MENAX pay per share?

MENAX currently pays an annual dividend of $0.78 per share, distributed annually.

When is the next ex-dividend date for MENAX?

The next ex-dividend date for MENAX is expected to be not yet announced. To receive the payment, you must own the stock before this date.

Is MENAX a good dividend stock?

MENAX has a dividend yield of 8.59% and has grown its dividend for 1 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$54.46
Monthly: $4.54
Value after 10 Years:$2,708.08
Future Yield on Cost:31.2%
Total Dividends Earned:$1,031.02
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MENAX Dividend Health Check

Dividend Yield8.59%
High Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak1+ Year
Dividend growth streak is not yet established
Short History
Payment Frequency{{count}} times a year
0 payments per year
Next expected payment:
September 30, 2026