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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Monday, June 1st. Investors of record on Friday, June 12th will be given a dividend of 0.14 per share on Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 12.8%. The ex-dividend date of this dividend is Friday, June 12th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.5%

Shares of CPZ opened at $13.11 on Tuesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1-year low of $12.73 and a 1-year high of $16.82. The firm’s 50 day simple moving average is $13.53 and its 200 day simple moving average is $14.38.

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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.