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

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Friday, May 1st. Stockholders of record on Thursday, May 14th will be given a dividend of 0.14 per share on Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Thursday, May 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

CPZ opened at $13.61 on Tuesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $13.13 and a 12 month high of $16.82. The stock has a fifty day moving average price of $13.99 and a 200-day moving average price of $14.62.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.