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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Thursday, December 5th,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.14 per share on Thursday, December 19th. This represents a $1.68 annualized dividend and a dividend yield of 10.69%. The ex-dividend date is Friday, December 13th.

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 Stock Performance

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock traded up 0.08 during trading on Thursday, hitting 15.72. The company’s stock had a trading volume of 6,801 shares, compared to its average volume of 60,221. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of 14.23 and a 52 week high of 16.03. The stock has a 50-day moving average price of 15.61 and a two-hundred day moving average price of 15.49.

Insiders Place Their Bets

In other news, VP John S. Koudounis sold 24,739 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of 15.41, for a total value of 381,227.99. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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.