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, March 5th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.1025 per share by the investment management company on Thursday, March 20th. This represents a $1.23 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Thursday, March 13th.

Calamos Strategic Total Return Fund Stock Performance

Calamos Strategic Total Return Fund stock traded up $0.08 during trading hours on Wednesday, hitting $17.12. 298,739 shares of the stock traded hands, compared to its average volume of 207,944. Calamos Strategic Total Return Fund has a one year low of $15.22 and a one year high of $18.55. The firm’s 50-day moving average price is $18.00 and its two-hundred day moving average price is $17.69.

Insider Transactions at Calamos Strategic Total Return Fund

In related news, CFO Thomas E. Herman bought 11,683 shares of the company’s stock in a transaction on Wednesday, January 29th. The shares were acquired at an average cost of $18.23 per share, with a total value of $212,981.09. Following the completion of the acquisition, the chief financial officer now owns 11,683 shares of the company’s stock, valued at $212,981.09. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Calamos Strategic Total Return Fund Company Profile

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.