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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a dividend on Tuesday, April 1st, NASDAQ Dividends reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.14 per share on Monday, April 21st. The ex-dividend date of this dividend is Friday, April 11th.

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

CPZ traded up $0.06 during trading on Wednesday, reaching $15.49. 46,402 shares of the company were exchanged, compared to its average volume of 73,856. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $14.67 and a 12-month high of $16.03. The company’s 50-day moving average is $15.48 and its two-hundred day moving average is $15.47.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

A hedge fund recently raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust stock. Bank of America Corp DE grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 55.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,500 shares of the company’s stock after acquiring an additional 1,244 shares during the quarter. Bank of America Corp DE’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $52,000 at the end of the most recent quarter.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.