Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) to Issue Monthly Dividend of $0.14 on July 19th

Posted by Anthony Miller on Jul 3rd, 2024

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Get Free Report) announced a monthly dividend on Monday, July 1st, Zacks reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.14 per share on Friday, July 19th. This represents a $1.68 annualized dividend and a dividend yield of 10.92%. The ex-dividend date is Friday, July 12th.

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

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

Shares of NASDAQ:CPZ traded up 0.11 during mid-day trading on Wednesday, reaching 15.39. 22,364 shares of the company’s stock were exchanged, compared to its average volume of 56,928. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.11. The business’s fifty day moving average price is 15.42 and its 200-day moving average price is 15.16.

Insiders Place Their Bets

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, CFO Thomas E. Herman purchased 16,308 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average cost of 15.55 per share, for a total transaction of 253,589.40. Following the acquisition, the chief financial officer now owns 26,783 shares of the company’s stock, valued at 416,475.65. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

(Get Free Report)

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.