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Stock impact report

Calamos Investments Announces Calamos Strategic Total Return Fund (NASDAQ: CSQ) to Raise Monthly Distribution, Calamos Global Total Return Fund (NASDAQ: CGO) to Adopt Level Distribution Po...

Calamos Global Total Return Fund - Closed End Fund (CGO) 
Company Research Source: PR Newswire
NAPERVILLE, Ill., Jan. 14, 2020 /PRNewswire/ -- Calamos Investments®* announced today the raising of the monthly distribution rate of Calamos Strategic Total Return Fund (Nasdaq: CSQ) from 8.25 cents per share to 9.25 cents per share payable on February 20, 2020. Representing an approximate 12% increase from the prior distribution, the new distribution rate reflects on an annualized basis a current yield of 8.08% based upon the Fund's market price of $13.73 per share on January 13, 2020. CSQ Dividend DetailsMonthly Dividend DeclarationDistribution Payable dateRecord dateEx-dividend dateJanuary 14, 2020$0.092502/20/2002/14/2002/13/20Additional information regarding the estimated amount of the sources of the Fund's monthly distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended ("1940 Act"), and the related rules adopted thereunder, will be provided in a separate release closer to the Fund's payable date. CSQ seeks total return through a combination of Show less Read more
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