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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Monday, July 1st, Zacks reports. Investors of record on Friday, July 12th will be given a dividend of 0.195 per share on Friday, July 19th. This represents a $2.34 dividend on an annualized basis and a yield of 10.30%. The ex-dividend date of this dividend is Friday, July 12th.

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 Trading Down 0.0 %

CCD traded down $0.01 during trading on Wednesday, reaching $22.71. The company had a trading volume of 9,821 shares, compared to its average volume of 84,959. The firm’s 50-day simple moving average is $22.52 and its 200 day simple moving average is $21.50. Calamos Dynamic Convertible and Income Fund has a 12-month low of $16.93 and a 12-month high of $23.26.

Calamos Dynamic Convertible and Income Fund Company Profile

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.