Calamos Convertible and High Income Fund to Issue Monthly Dividend of $0.10 (NASDAQ:CHY)

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Friday, July 12th will be paid a dividend of 0.10 per share by the investment management company on Friday, July 19th. This represents a $1.20 dividend on an annualized basis and a yield of 10.60%. The ex-dividend date is Friday, July 12th.

Calamos Convertible and High Income Fund has increased its dividend payment by an average of 5.6% per year over the last three years.

Calamos Convertible and High Income Fund Stock Performance

Shares of NASDAQ:CHY traded up $0.09 during trading on Wednesday, reaching $11.32. The stock had a trading volume of 66,321 shares, compared to its average volume of 148,146. Calamos Convertible and High Income Fund has a 52 week low of $10.73 and a 52 week high of $12.16. The business’s 50-day moving average price is $11.19 and its 200 day moving average price is $11.51.

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.