Looking at the universe of stocks we cover at Dividend Channel, on 11/7/13, Calamos Strategic Total Return Fund (NASD: CSQ) will trade ex-dividend, for its monthly dividend of $0.07, payable on 11/15/13. As a percentage of CSQ's recent stock price of $10.58, 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 11/7/13.
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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:
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 7.94% 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:
Looking at the chart above, CSQ's low point in its 52 week range is $8.92 per share, with $10.99 as the 52 week high point — that compares with a last trade of $10.56.
In Wednesday trading, Calamos Strategic Total Return Fund shares are currently up about 0.3% on the day.
