Calamos Convertible and High Income Fund (NASDAQ:CHY) to Issue $0.10 Monthly Dividend

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Thursday, August 1st, investing.com reports. Investors of record on Friday, August 9th will be given a dividend of 0.10 per share by the investment management company on Friday, August 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.67%. The ex-dividend date is Friday, August 9th.

Calamos Convertible and High Income Fund has raised its dividend by an average of 5.6% per year over the last three years.

Calamos Convertible and High Income Fund Trading Up 1.1 %

Calamos Convertible and High Income Fund stock opened at $11.25 on Wednesday. The firm’s 50-day simple moving average is $11.25 and its 200 day simple moving average is $11.47. Calamos Convertible and High Income Fund has a 52 week low of $10.73 and a 52 week high of $12.16.

About Calamos Convertible and High Income Fund

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.