Calamos Convertible & Hi Income Fund (NASDAQ:CHY) to Issue $0.09 Monthly Dividend

Calamos Convertible & Hi Income Fund (NASDAQ:CHY) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.085 per share by the investment management company on Friday, December 20th. This represents a $1.02 annualized dividend and a dividend yield of 8.99%. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of CHY traded up $0.09 during midday trading on Wednesday, hitting $11.34. The stock had a trading volume of 119,152 shares, compared to its average volume of 173,560. The business has a 50-day simple moving average of $11.18 and a two-hundred day simple moving average of $11.09. Calamos Convertible & Hi Income Fund has a fifty-two week low of $8.63 and a fifty-two week high of $11.58.

Calamos Convertible & Hi Income Fund Company Profile

Calamos Convertible and High 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.

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Dividend History for Calamos Convertible & Hi Income Fund (NASDAQ:CHY)

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