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

Calamos Strategic Total Return Fund (NASDAQ:CSQ) declared a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 6.68%. The ex-dividend date of this dividend is Thursday, February 13th.

Calamos Strategic Total Return Fund Stock Performance

Shares of CSQ traded up $0.06 during midday trading on Thursday, hitting $18.40. The stock had a trading volume of 195,798 shares, compared to its average volume of 188,068. Calamos Strategic Total Return Fund has a twelve month low of $15.22 and a twelve month high of $18.55. The company has a 50 day simple moving average of $18.07 and a two-hundred day simple moving average of $17.48.

Insider Buying and Selling

In other news, CFO Thomas E. Herman bought 11,683 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were acquired at an average cost of $18.23 per share, for a total transaction of $212,981.09. Following the completion of the acquisition, the chief financial officer now owns 11,683 shares in the company, valued at approximately $212,981.09. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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.