Calamos Long/Short Equity & Dynamic Income Trust (CPZ) Dividend Analysis
Does Calamos Long/Short Equity & Dynamic Income Trust (CPZ) pay a dividend?
Yes. Calamos Long/Short Equity & Dynamic Income Trust (CPZ) pays a dividend: $1.68 per share over the last twelve months, a dividend yield of 13.48% at the latest close.
Its dividend per share has grown at 0.1% a year over the last 4 years. The payout takes about 171.0% of earnings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2025 | $1.68 | -10.4% |
| 2024 | $1.88 | +11.7% |
| 2023 | $1.68 | 0.0% |
| 2022 | $1.68 | +0.6% |
| 2021 | $1.67 |
All 5 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
FCF does not fully cover the dividend, sustainability is a concern, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (0) × 0.40 + Growth (10) × 0.35 + Income (100) × 0.25 = 29
Dividend Yield
13.48%
Per Share (TTM)
$1.68
Payout Ratio
171.0%
4Y CAGR
0.1%
Dividend Safety
Earnings Payout
171.0%
FCF Payout
488.7%
FCF Coverage
0.2x
Dividend Growth
Per Share (TTM)
$1.68
Growth Streak
—
4Y CAGR
0.1%
Dividend Income
Annual DPS (TTM)
$1.68
Annual Income / $10K
$1,348
Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.
Calamos Long/Short Equity & Dynamic Income Trust (CPZ) dividend: yield, safety and growth
Frequently asked
Does Calamos Long/Short Equity & Dynamic Income Trust (CPZ) pay a dividend, and how much?+
Yes, Calamos Long/Short Equity & Dynamic Income Trust pays a regular dividend of about $1.68 per share per year (a yield of roughly 13.5%). That is a payout ratio of about 171.0% of earnings, so it is not currently covered by free cash flow. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is Calamos Long/Short Equity & Dynamic Income Trust's dividend safe?+
Calamos Long/Short Equity & Dynamic Income Trust's dividend looks not currently covered by free cash flow, with free cash flow covering the payout about 0.2 times over. Intrinsiqq scores its dividend safety at 0 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has Calamos Long/Short Equity & Dynamic Income Trust grown its dividend?+
Calamos Long/Short Equity & Dynamic Income Trust's dividend history is mixed. Recent dividend growth has been roughly flat. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
What is Calamos Long/Short Equity & Dynamic Income Trust's dividend payout ratio?+
Calamos Long/Short Equity & Dynamic Income Trust pays out about 171.0% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is not currently covered by free cash flow. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.