Wednesday Is Your Last Chance To Buy Calamos Strategic Total Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Calamos Strategic Total (NASDAQ:CSQ) announced a monthly dividend of 10.25 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, meaning it will likely open 10.25 cents lower. The dividend is scheduled to be paid on January 11, 2024.
December 25, 2023 | 2:45 pm
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Calamos Strategic Total (CSQ) will pay a monthly dividend of 10.25 cents per share, with the ex-dividend date being Thursday. The stock is expected to open lower by the dividend amount on that day.
The stock price of CSQ is likely to drop in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence and is typically priced in by the market.
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