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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Tuesday, May 14th will be paid a dividend of 0.195 per share on Tuesday, May 21st. This represents a $2.34 annualized dividend and a yield of 10.41%. The ex-dividend date of this dividend is Monday, May 13th.

Calamos Dynamic Convertible and Income Fund has increased its dividend by an average of 5.3% per year over the last three years.

Calamos Dynamic Convertible and Income Fund Price Performance

CCD stock traded up $0.12 during midday trading on Friday, hitting $22.48. The stock had a trading volume of 66,081 shares, compared to its average volume of 97,686. The business has a 50-day moving average of $21.75 and a two-hundred day moving average of $20.24. Calamos Dynamic Convertible and Income Fund has a 52-week low of $16.93 and a 52-week high of $24.68.

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.