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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be given a dividend of 0.14 per share on Friday, February 21st. This represents a $1.68 annualized dividend and a dividend yield of 10.77%. The ex-dividend date of this dividend is Thursday, February 13th.

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

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.3 %

NASDAQ:CPZ traded down $0.05 during trading hours on Thursday, hitting $15.60. The company’s stock had a trading volume of 54,618 shares, compared to its average volume of 77,467. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52-week low of $14.67 and a 52-week high of $16.03. The business’s 50-day moving average is $15.36 and its two-hundred day moving average is $15.48.

Insider Activity

In related news, CFO Thomas E. Herman sold 13,392 shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total transaction of $208,647.36. Following the completion of the transaction, the chief financial officer now directly owns 13,391 shares of the company’s stock, valued at approximately $208,631.78. The trade was a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.