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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.14 per share on Tuesday, July 21st. This represents a c) annualized dividend and a yield of 12.9%. The ex-dividend date of this dividend is Tuesday, July 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.7%

CPZ stock opened at $12.99 on Thursday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $12.41 and a 12-month high of $16.82. The company has a 50 day moving average of $13.15 and a two-hundred day moving average of $14.07.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.