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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a monthly dividend on Thursday, May 1st, Wall Street Journal reports. Stockholders of record on Tuesday, May 13th will be given a dividend of 0.14 per share on Tuesday, May 20th. This represents a $1.68 annualized dividend and a dividend yield of 10.75%. The ex-dividend date of this dividend is Tuesday, May 13th.

Calamos Long/Short Equity & Dynamic Income Term Trust has raised its dividend by an average of 4.8% annually over the last three years.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at $15.63 on Friday. The business has a 50 day simple moving average of $15.33 and a 200 day simple moving average of $15.39. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $14.51 and a one year high of $16.03.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

An institutional investor recently raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust stock. Bank of America Corp DE raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 55.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,500 shares of the company’s stock after buying an additional 1,244 shares during the period. Bank of America Corp DE’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $52,000 as of its most recent SEC filing.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.