Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Shareholders to Collect $0.20 Monthly Dividend

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.1950 per share on Wednesday, October 21st. This represents a $2.34 annualized dividend and a yield of 10.4%. The ex-dividend date is Wednesday, October 14th.

Calamos Dynamic Convertible and Income Fund Price Performance

CCD opened at $22.48 on Friday. Calamos Dynamic Convertible and Income Fund has a fifty-two week low of $19.99 and a fifty-two week high of $26.99. The company’s 50 day moving average price is $24.53 and its two-hundred day moving average price is $24.35.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund is a diversified, closed-end investment fund managed by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.

Its portfolio is dynamically allocated among convertible securities, high-yield corporate bonds and other income-producing investments. Convertible securities can offer both income and the potential to participate in the equity performance of the issuing company, while the fund’s broader mandate allows its managers to adjust exposure as market conditions change.

The fund may invest in securities issued by companies in the United States and other countries, providing exposure across multiple industries and geographic markets.