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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a dividend on Tuesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be given 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 raised its dividend by an average of 4.8% annually over the last three years.

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

Shares of CPZ traded up $0.06 during mid-day trading on Wednesday, reaching $15.49. The company’s stock had a trading volume of 46,402 shares, compared to its average volume of 73,856. The company’s fifty day moving average price is $15.48 and its two-hundred day moving average price is $15.47. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of $14.67 and a 52 week high of $16.03.

Insiders Place Their Bets

In other news, CFO Thomas E. Herman sold 13,392 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $208,631.78. This trade represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Trading of Calamos Long/Short Equity & Dynamic Income Term Trust

An institutional investor recently raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust stock. Bank of America Corp DE raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 55.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,500 shares of the company’s stock after buying 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.