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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.1025 per share by the investment management company on Friday, February 21st. This represents a $1.23 dividend on an annualized basis and a yield of 6.73%. The ex-dividend date of this dividend is Thursday, February 13th.

Calamos Strategic Total Return Fund Trading Up 0.1 %

Shares of CSQ opened at $18.28 on Tuesday. Calamos Strategic Total Return Fund has a fifty-two week low of $15.22 and a fifty-two week high of $18.55. The stock has a fifty day moving average of $18.08 and a two-hundred day moving average of $17.51.

Insiders Place Their Bets

In related news, CFO Thomas E. Herman acquired 11,683 shares of the stock in a transaction dated 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 purchase, 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 filing with the Securities & Exchange Commission, which is available at this link.

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.