Calamos Strategic Total Return Fund (NASDAQ:CSQ) Increases Dividend to $0.10 Per Share

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Thursday, December 5th,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.1025 per share by the investment management company on Thursday, December 19th. This represents a $1.23 annualized dividend and a yield of 6.70%. The ex-dividend date is Friday, December 13th. This is a positive change from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10.

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

Calamos Strategic Total Return Fund Stock Performance

CSQ stock traded down $0.02 during mid-day trading on Thursday, hitting $18.35. The company had a trading volume of 7,299 shares, compared to its average volume of 196,780. Calamos Strategic Total Return Fund has a 12 month low of $14.10 and a 12 month high of $18.42. The stock’s fifty day moving average price is $17.70 and its two-hundred day moving average price is $17.08.

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.