Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) to Issue Monthly Dividend of $0.14 on February 21st

Posted by Chris Copeland on Feb 11th, 2025

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.14 per share on Friday, February 21st. This represents a $1.68 dividend on an annualized basis and a yield of 10.87%. The ex-dividend date of this dividend is Thursday, February 13th.

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

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

Shares of CPZ stock opened at $15.46 on Tuesday. The company’s 50-day simple moving average is $15.36 and its two-hundred day simple moving average is $15.48. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $14.67 and a one year high of $16.03.

Insider Buying and Selling

In other news, CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $15.58, for a total value of $208,647.36. Following the completion of the sale, the chief financial officer now owns 13,391 shares of the company’s stock, valued at approximately $208,631.78. This represents a 50.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

(Get Free Report)

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.