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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a dividend on Tuesday, April 1st, NASDAQ Dividends reports. Investors 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% annually over the last three years.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.4 %

Shares of CPZ stock traded up $0.06 on Wednesday, hitting $15.49. 46,402 shares of the stock were exchanged, compared to its average volume of 73,856. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $14.67 and a fifty-two week high of $16.03. The business has a 50-day moving average of $15.48 and a 200 day moving average of $15.47.

Insiders Place Their Bets

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

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 boosted its position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 55.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,500 shares of the company’s stock after purchasing 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.