Calamos Strategic Total Return Fund (NASDAQ:CSQ) Declares $0.10 Monthly Dividend

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.1025 per share by the investment management company on Monday, April 21st. This represents a $1.23 dividend on an annualized basis and a dividend yield of 7.49%. The ex-dividend date of this dividend is Friday, April 11th.

Calamos Strategic Total Return Fund Stock Up 1.0 %

NASDAQ CSQ traded up $0.17 during trading hours on Wednesday, reaching $16.42. The company’s stock had a trading volume of 145,996 shares, compared to its average volume of 195,411. Calamos Strategic Total Return Fund has a 1 year low of $15.22 and a 1 year high of $18.55. The firm’s 50-day moving average price is $17.45 and its 200-day moving average price is $17.64.

Insiders Place Their Bets

In other Calamos Strategic Total Return Fund news, CFO Thomas E. Herman purchased 11,683 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average price of $18.23 per share, with a total value of $212,981.09. Following the completion of the purchase, the chief financial officer now directly owns 11,683 shares in the company, valued at $212,981.09. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

About Calamos Strategic Total Return Fund

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.