Calamos Long/Short Equity & Dynamic Income Trust Declares $0.14 Monthly Dividend
Calamos Long/Short Equity & Dynamic Income Trust (NASDAQ: CPZ) has declared a monthly dividend of $0.14 per share, resulting in an annualized yield of approximately 13.47%. The payment is scheduled for October 21 to shareholders on record as of October 14, with the ex-dividend date also set for October 14. The announcement comes amid mixed market sentiment around CPZ, which has been underperforming in a broader bull market and recently faced a rating downgrade due to destructive return-on-capital (ROC) performance. Investors are advised to consider both dividend yield attractiveness and underlying business fundamentals before making investment decisions.
Topics: dividend income trust