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

Posted by Hanz Christensen 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. Shareholders 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 dividend on an annualized basis and a yield of 10.92%. The ex-dividend date of this dividend is Friday, July 12th.

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

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 0.7 %

Shares of NASDAQ:CPZ traded up 0.11 during trading hours on Wednesday, reaching 15.39. The stock had a trading volume of 22,364 shares, compared to its average volume of 56,928. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of 13.17 and a 1 year high of 16.11. The firm’s 50 day moving average is 15.42 and its 200-day moving average is 15.16.

Insider Buying and Selling

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 bought at an average cost of 15.55 per share, for a total transaction of 253,589.40. Following the completion of the purchase, the chief financial officer now directly owns 26,783 shares in the company, valued at 416,475.65. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

About Calamos Long/Short Equity & Dynamic Income Term Trust

(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.