Calamos Strategic Total Return Fund (CSQ) to Issue Monthly Dividend of $0.10 on March 20th

Calamos Strategic Total Return Fund (NASDAQ:CSQ) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.1025 per share by the investment management company on Thursday, March 20th. This represents a $1.23 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Thursday, March 13th.

Calamos Strategic Total Return Fund Price Performance

Shares of NASDAQ CSQ traded up $0.08 during midday trading on Wednesday, hitting $17.12. 298,739 shares of the stock traded hands, compared to its average volume of 207,944. Calamos Strategic Total Return Fund has a one year low of $15.22 and a one year high of $18.55. The firm has a 50-day moving average of $18.00 and a two-hundred day moving average of $17.69.

Insider Buying and Selling at Calamos Strategic Total Return Fund

In other Calamos Strategic Total Return Fund news, CFO Thomas E. Herman bought 11,683 shares of Calamos Strategic Total Return Fund stock in a transaction on Wednesday, January 29th. The stock was acquired at an average cost of $18.23 per share, with a total value of $212,981.09. Following the completion of the acquisition, the chief financial officer now owns 11,683 shares in the company, valued at approximately $212,981.09. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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.