Calamos Dynamic Convertible and Income Fund (CCD) to Issue Monthly Dividend of $0.20 on December 19th

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.195 per share on Thursday, December 19th. This represents a $2.34 annualized dividend and a dividend yield of 9.84%. The ex-dividend date is Friday, December 13th.

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

Calamos Dynamic Convertible and Income Fund Trading Down 0.1 %

Shares of NASDAQ CCD traded down $0.02 during midday trading on Wednesday, hitting $23.79. The company’s stock had a trading volume of 8,954 shares, compared to its average volume of 78,364. The business’s 50 day moving average is $24.53 and its two-hundred day moving average is $23.72. Calamos Dynamic Convertible and Income Fund has a 12-month low of $18.84 and a 12-month high of $26.16.

About Calamos Dynamic Convertible and Income Fund

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.