CALAMOS CONV. OPPTYS. & INCOME FUND (CHI) Declares $0.08 Monthly Dividend

CALAMOS CONV. OPPTYS. & INCOME FUND (NASDAQ:CHI) announced a monthly dividend on Wednesday, May 1st, NASDAQ reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.08 per share on Monday, May 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.65%. The ex-dividend date of this dividend is Friday, May 10th.

CALAMOS CONV. OPPTYS. & INCOME FUND has decreased its dividend payment by an average of 1.3% per year over the last three years.

Shares of NASDAQ CHI traded down $0.14 during mid-day trading on Friday, reaching $9.95. 241,400 shares of the company were exchanged, compared to its average volume of 239,841. CALAMOS CONV. OPPTYS. & INCOME FUND has a twelve month low of $8.17 and a twelve month high of $12.94.

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About CALAMOS CONV. OPPTYS. & INCOME FUND

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.

See Also: Systematic Risk

Dividend History for CALAMOS CONV. OPPTYS. & INCOME FUND (NASDAQ:CHI)

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