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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCDGet Free Report) declared a monthly dividend on Friday, December 20th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.195 per share on Friday, January 10th. This represents a $2.34 dividend on an annualized basis and a yield of 9.49%. The ex-dividend date is Monday, December 30th.

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 $0.28 on Friday, hitting $24.65. The company had a trading volume of 98,439 shares, compared to its average volume of 78,257. The firm has a 50 day moving average of $24.33 and a two-hundred day moving average of $23.78. Calamos Dynamic Convertible and Income Fund has a 52 week low of $19.13 and a 52 week high of $26.16.

Calamos Dynamic Convertible and Income Fund Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD)

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