Calamos Strategic Total Return Fund (NASDAQ:CSQ) to Issue Dividend Increase – $0.10 Per Share

Calamos Strategic Total Return Fund (NASDAQ:CSQ) announced a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.1025 per share by the investment management company on Thursday, December 19th. This represents a $1.23 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10.

Calamos Strategic Total Return Fund has increased its dividend payment by an average of 3.5% per year over the last three years.

Calamos Strategic Total Return Fund Price Performance

CSQ traded up $0.14 during trading on Wednesday, reaching $18.38. The stock had a trading volume of 23,252 shares, compared to its average volume of 196,099. Calamos Strategic Total Return Fund has a one year low of $14.16 and a one year high of $18.52. The stock’s 50 day moving average is $17.79 and its two-hundred day moving average is $17.14.

Calamos Strategic Total Return Fund Company Profile

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.