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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Tuesday, September 3rd, Zacks reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.195 per share on Wednesday, September 18th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 9.84%. The ex-dividend date is Friday, September 13th.

Calamos Dynamic Convertible and Income Fund has increased its dividend by an average of 5.3% annually over the last three years.

Calamos Dynamic Convertible and Income Fund Price Performance

NASDAQ:CCD traded up $0.04 on Thursday, hitting $23.79. The company had a trading volume of 17,250 shares, compared to its average volume of 80,672. Calamos Dynamic Convertible and Income Fund has a 52 week low of $16.93 and a 52 week high of $23.95. The firm has a 50 day moving average of $23.16 and a two-hundred day moving average of $22.44.

About Calamos Dynamic Convertible and Income Fund

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.