Calamos Long/Short Equity & Dynamic Income Term Trust Declares Monthly Dividend of $0.14 (NASDAQ:CPZ)

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Tuesday, May 14th will be given a dividend of 0.14 per share on Tuesday, May 21st. This represents a $1.68 dividend on an annualized basis and a yield of 10.77%. The ex-dividend date is Monday, May 13th.

Calamos Long/Short Equity & Dynamic Income Term Trust has raised its dividend payment by an average of 7.8% per year over the last three years.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.5 %

CPZ traded up 0.07 during trading on Friday, hitting 15.60. The company’s stock had a trading volume of 22,500 shares, compared to its average volume of 57,865. The business’s fifty day simple moving average is 15.18 and its 200 day simple moving average is 14.80. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.11.

Insider Buying and Selling

In related news, CFO Thomas E. Herman bought 16,308 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was acquired at an average price of 15.55 per share, with a total value of 253,589.40. Following the completion of the purchase, the chief financial officer now directly owns 26,783 shares of the company’s stock, valued at 416,475.65. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.