Tuesday 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 the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, to be paid on March 21, 2024. The stock is expected to open 10.25 cents lower on the ex-dividend date.
March 08, 2024 | 2:45 pm
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Calamos Strategic Total (CSQ) will pay a monthly dividend of 10.25 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock is likely to open lower on the ex-dividend date as the dividend payout is factored into the stock price, which could lead to a short-term decrease in its price. However, the impact is typically temporary and reflects the dividend distribution rather than a change in the company's fundamentals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100