Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) to Issue Monthly Dividend of $0.14 on May 20th

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Thursday, May 1st, Wall Street Journal reports. Investors of record on Tuesday, May 13th will be paid a dividend of 0.14 per share on Tuesday, May 20th. This represents a $1.68 dividend on an annualized basis and a yield of 10.75%. The ex-dividend date of this dividend is Tuesday, May 13th.

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

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at $15.63 on Friday. The firm has a fifty day moving average price of $15.33 and a two-hundred day moving average price of $15.39. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $14.51 and a fifty-two week high of $16.03.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

An institutional investor recently raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust stock. Bank of America Corp DE increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 55.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,500 shares of the company’s stock after purchasing an additional 1,244 shares during the period. Bank of America Corp DE’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $52,000 at the end of the most recent reporting period.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

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.