Calamos Convertible and High Income Fund (CHY) to Issue Monthly Dividend of $0.10 on December 19th

Calamos Convertible and High Income Fund (NASDAQ:CHY) 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 0.10 per share by the investment management company on Thursday, December 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.66%. The ex-dividend date of this dividend is Friday, December 13th.

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

Calamos Convertible and High Income Fund Trading Up 0.3 %

Shares of NASDAQ CHY traded up $0.04 during mid-day trading on Wednesday, hitting $12.42. 11,706 shares of the stock traded hands, compared to its average volume of 146,207. Calamos Convertible and High Income Fund has a 52 week low of $10.77 and a 52 week high of $12.44. The stock has a fifty day moving average price of $12.13 and a 200-day moving average price of $11.67.

Calamos Convertible and High Income Fund Company Profile

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.