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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.1025 per share by the investment management company on Thursday, March 20th. This represents a $1.23 annualized dividend and a yield of 7.18%. The ex-dividend date is Thursday, March 13th.

Calamos Strategic Total Return Fund Stock Performance

Shares of NASDAQ CSQ traded up $0.08 during midday trading on Wednesday, reaching $17.12. The stock had a trading volume of 298,739 shares, compared to its average volume of 207,944. Calamos Strategic Total Return Fund has a 12-month low of $15.22 and a 12-month high of $18.55. The stock has a 50-day moving average of $18.00 and a 200-day moving average of $17.69.

Insiders Place Their Bets

In other Calamos Strategic Total Return Fund news, CFO Thomas E. Herman acquired 11,683 shares of the stock in a transaction dated Wednesday, January 29th. The shares were acquired at an average cost of $18.23 per share, for a total transaction of $212,981.09. Following the completion of the transaction, the chief financial officer now directly owns 11,683 shares of the company’s stock, valued at approximately $212,981.09. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.