Calamos Strategic Total's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Calamos Strategic Total (NASDAQ:CSQ) announced that shareholders as of Friday's session will receive a monthly dividend of 10.25 cents per share. The ex-dividend date is Monday, and the stock is expected to open 10.25 cents lower to reflect the payout. The dividend will be paid on December 18, 2023.
December 06, 2023 | 2:45 pm
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Calamos Strategic Total (CSQ) will pay a 10.25 cents per share dividend on December 18, 2023, to shareholders of record as of Friday. The stock is expected to open lower by the dividend amount on the ex-dividend date, Monday.
The stock is expected to open lower on the ex-dividend date as the dividend payout is factored into the stock price. This is a common occurrence and is typically reflected in a decrease in the stock price equivalent to the dividend amount.
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