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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be given a dividend of 0.14 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 12.8%. The ex-dividend date is Monday, September 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 1.7%

NASDAQ:CPZ opened at $13.08 on Wednesday. The stock has a 50-day simple moving average of $13.22 and a 200 day simple moving average of $13.56. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52-week low of $12.41 and a 52-week high of $16.82.

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.