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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.1025 per share by the investment management company on Thursday, December 19th. This represents a $1.23 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date is Friday, December 13th. This is a positive change from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10.

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

Calamos Strategic Total Return Fund Price Performance

NASDAQ CSQ traded up $0.21 during mid-day trading on Wednesday, reaching $18.45. The stock had a trading volume of 19,643 shares, compared to its average volume of 196,052. Calamos Strategic Total Return Fund has a 1 year low of $14.16 and a 1 year high of $18.52. The company has a fifty day moving average price of $17.79 and a 200 day moving average price of $17.14.

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.