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, December 2nd,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.195 per share on Thursday, December 19th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 9.81%. The ex-dividend date of this dividend is Friday, December 13th.

Calamos Dynamic Convertible and Income Fund has raised its dividend payment by an average of 5.3% per year over the last three years.

Calamos Dynamic Convertible and Income Fund Stock Up 0.2 %

Shares of Calamos Dynamic Convertible and Income Fund stock opened at $23.85 on Wednesday. Calamos Dynamic Convertible and Income Fund has a 12-month low of $18.84 and a 12-month high of $26.16. The stock’s fifty day moving average is $24.53 and its 200-day moving average is $23.72.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and 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 portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.