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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be paid a dividend of 0.1025 per share by the investment management company on Friday, February 21st. This represents a $1.23 dividend on an annualized basis and a dividend yield of 6.73%. The ex-dividend date of this dividend is Thursday, February 13th.

Calamos Strategic Total Return Fund Trading Up 0.1 %

Shares of NASDAQ:CSQ opened at $18.28 on Tuesday. The firm has a fifty day moving average price of $18.08 and a 200 day moving average price of $17.51. Calamos Strategic Total Return Fund has a 1-year low of $15.22 and a 1-year high of $18.55.

Insider Buying and Selling

In other news, CFO Thomas E. Herman acquired 11,683 shares of the company’s stock in a transaction on Wednesday, January 29th. The shares were bought at an average cost of $18.23 per share, with a total value of $212,981.09. Following the purchase, the chief financial officer now owns 11,683 shares of the company’s stock, valued at $212,981.09. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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.