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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.14 per share on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, August 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

CPZ traded up $0.07 on Tuesday, reaching $13.44. The company’s stock had a trading volume of 56,128 shares, compared to its average volume of 85,150. The stock has a 50 day moving average of $12.99 and a two-hundred day moving average of $13.78. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $12.41 and a fifty-two 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.