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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.14 per share on Friday, February 21st. This represents a $1.68 dividend on an annualized basis and a yield of 10.77%. The ex-dividend date of this dividend is Thursday, February 13th.

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

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.3 %

Shares of NASDAQ CPZ traded down $0.05 on Thursday, reaching $15.60. 54,618 shares of the company traded hands, compared to its average volume of 77,467. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $14.67 and a fifty-two week high of $16.03. The company has a 50 day moving average of $15.36 and a 200 day moving average of $15.48.

Insiders Place Their Bets

In other news, CFO Thomas E. Herman sold 13,392 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total value of $208,647.36. Following the transaction, the chief financial officer now directly owns 13,391 shares in the company, valued at $208,631.78. This trade represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.