Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Plans Monthly Dividend of $0.10

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Friday, August 9th will be paid a dividend of 0.095 per share on Friday, August 16th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.06%. The ex-dividend date is Friday, August 9th.

Calamos Convertible Opportunities and Income Fund has raised its dividend by an average of 7.7% per year over the last three years.

Calamos Convertible Opportunities and Income Fund Trading Up 0.3 %

Shares of NASDAQ CHI traded up $0.03 during midday trading on Friday, reaching $11.33. 151,194 shares of the stock were exchanged, compared to its average volume of 173,297. The business has a 50-day simple moving average of $11.63 and a two-hundred day simple moving average of $11.25. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $12.11.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities 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 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.