Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Declares Monthly Dividend of $0.20

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Monday, June 1st. Shareholders of record on Friday, June 12th will be given a dividend of 0.195 per share on Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Friday, June 12th.

Calamos Dynamic Convertible and Income Fund Trading Up 0.0%

Calamos Dynamic Convertible and Income Fund stock opened at $25.53 on Tuesday. The stock has a 50-day moving average of $23.60 and a two-hundred day moving average of $22.52. Calamos Dynamic Convertible and Income Fund has a one year low of $19.17 and a one year high of $25.75.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.