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

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Rating) declared a monthly dividend on Monday, May 2nd, Zacks reports. Shareholders of record on Friday, May 13th will be paid a dividend of 0.102 per share by the investment management company on Friday, May 20th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.92%. The ex-dividend date of this dividend is Thursday, May 12th.

Calamos Strategic Total Return Fund has increased its dividend payment by an average of 7.5% per year over the last three years and has raised its dividend annually for the last 2 consecutive years.

Shares of NASDAQ:CSQ opened at $15.45 on Wednesday. The company’s 50 day moving average price is $16.57 and its two-hundred day moving average price is $17.83. Calamos Strategic Total Return Fund has a 12-month low of $14.95 and a 12-month high of $19.89.

Institutional investors and hedge funds have recently modified their holdings of the company. Wealthsource Partners LLC acquired a new stake in Calamos Strategic Total Return Fund during the fourth quarter worth approximately $319,000. Wells Fargo & Company MN grew its stake in Calamos Strategic Total Return Fund by 2.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,747,391 shares of the investment management company’s stock valued at $33,707,000 after acquiring an additional 48,691 shares during the period. NewEdge Advisors LLC acquired a new stake in Calamos Strategic Total Return Fund in the fourth quarter valued at approximately $934,000. Stifel Financial Corp grew its stake in Calamos Strategic Total Return Fund by 2.0% in the fourth quarter. Stifel Financial Corp now owns 195,532 shares of the investment management company’s stock valued at $3,772,000 after acquiring an additional 3,921 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in Calamos Strategic Total Return Fund in the fourth quarter valued at approximately $235,000.

About Calamos Strategic Total Return Fund (Get Rating)

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.

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Dividend History for Calamos Strategic Total Return Fund (NASDAQ:CSQ)

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