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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Monday, December 30th will be given a dividend of 0.1025 per share by the investment management company on Friday, January 10th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend is Monday, December 30th.

Calamos Strategic Total Return Fund has increased its dividend payment by an average of 3.5% annually over the last three years.

Calamos Strategic Total Return Fund Stock Up 1.7 %

Shares of NASDAQ CSQ traded up $0.30 during midday trading on Friday, hitting $17.86. 256,964 shares of the company’s stock were exchanged, compared to its average volume of 197,351. Calamos Strategic Total Return Fund has a 12-month low of $14.49 and a 12-month high of $18.52. The business’s fifty day moving average price is $17.89 and its two-hundred day moving average price is $17.22.

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.