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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Tuesday, April 1st, NASDAQ Dividends reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.1025 per share by the investment management company on Monday, April 21st. This represents a $1.23 annualized dividend and a dividend yield of 7.49%. The ex-dividend date of this dividend is Friday, April 11th.

Calamos Strategic Total Return Fund Stock Performance

CSQ stock opened at $16.42 on Thursday. The company’s 50 day moving average price is $17.41 and its 200 day moving average price is $17.64. Calamos Strategic Total Return Fund has a fifty-two week low of $15.22 and a fifty-two week high of $18.55.

Insiders Place Their Bets

In other Calamos Strategic Total Return Fund news, CFO Thomas E. Herman purchased 11,683 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was bought at an average cost of $18.23 per share, with a total value of $212,981.09. Following the acquisition, the chief financial officer now directly owns 11,683 shares of the company’s stock, valued at approximately $212,981.09. This represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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.