Calamos Strategic Total Return Fund About To Put More Money In Your Pocket (CSQ)

Looking at the universe of stocks we cover at Dividend Channel, on 2/7/14, Calamos Strategic Total Return Fund ( CSQ) will trade ex-dividend, for its monthly dividend of $0.07, payable on 2/14/14. As a percentage of CSQ's recent stock price of $10.54, this dividend works out to approximately 0.66%, so look for shares of Calamos Strategic Total Return Fund to trade 0.66% lower — all else being equal — when CSQ shares open for trading on 2/7/14.

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Below is a dividend history chart for CSQ, showing historical dividends prior to the most recent $0.07 declared by Calamos Strategic Total Return Fund:

CSQ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CSQ is likely to continue, and whether the current estimated yield of 7.97% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CSQ shares, versus its 200 day moving average:

Calamos Strategic Total Return Fund 200 Day Moving Average Chart

Looking at the chart above, CSQ's low point in its 52 week range is $9.51 per share, with $11.24 as the 52 week high point — that compares with a last trade of $10.55.

In Wednesday trading, Calamos Strategic Total Return Fund shares are currently down about 0.6% on the day.

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