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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) announced a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.1025 per share by the investment management company on Friday, January 10th. This represents a $1.23 annualized dividend and a yield of 6.89%. The ex-dividend date of this dividend is Monday, December 30th.

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

Calamos Strategic Total Return Fund Stock Performance

Shares of NASDAQ CSQ traded up $0.30 during midday trading on Friday, hitting $17.86. The company’s stock had a trading volume of 256,964 shares, compared to its average volume of 197,351. The stock has a fifty day moving average price of $17.89 and a 200 day moving average price of $17.22. Calamos Strategic Total Return Fund has a one year low of $14.49 and a one year high of $18.52.

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.