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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.195 per share on Thursday, March 20th. This represents a $2.34 annualized dividend and a dividend yield of 10.22%. The ex-dividend date is Thursday, March 13th.

Calamos Dynamic Convertible and Income Fund Trading Up 0.8 %

CCD stock traded up $0.18 during trading on Wednesday, hitting $22.90. 56,917 shares of the stock traded hands, compared to its average volume of 57,312. Calamos Dynamic Convertible and Income Fund has a one year low of $20.69 and a one year high of $26.16. The company has a 50 day simple moving average of $24.18 and a 200 day simple moving average of $24.31.

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.