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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.195 per share on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date is Friday, August 14th.

Calamos Dynamic Convertible and Income Fund Trading Up 1.6%

Shares of Calamos Dynamic Convertible and Income Fund stock traded up $0.41 during trading hours on Tuesday, reaching $25.80. The stock had a trading volume of 49,234 shares, compared to its average volume of 87,532. The stock’s 50 day moving average is $25.26 and its 200 day moving average is $23.78. Calamos Dynamic Convertible and Income Fund has a twelve month low of $19.99 and a twelve month high of $26.10.

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.