Calamos Convertible and High Income Fund (NASDAQ:CHY) Stock to Pay Monthly Dividend of $0.10

by · The Cerbat Gem

Calamos Convertible and High Income Fund (NASDAQ:CHY – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.10 per share by the investment management company on Wednesday, October 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.3%. The ex-dividend date of this dividend is Wednesday, October 14th.

Calamos Convertible and High Income Fund Stock Down 0.9%

NASDAQ CHY opened at $11.61 on Friday. Calamos Convertible and High Income Fund has a 1 year low of $10.41 and a 1 year high of $13.91. The firm’s fifty day moving average price is $12.70 and its two-hundred day moving average price is $12.63.

Institutional Trading of Calamos Convertible and High Income Fund

A number of institutional investors have recently bought and sold shares of CHY. Bank of America Corp DE increased its holdings in shares of Calamos Convertible and High Income Fund by 1.7% during the first quarter. Bank of America Corp DE now owns 1,255,952 shares of the investment management company’s stock worth $13,677,000 after purchasing an additional 20,872 shares during the period. Greatmark Investment Partners Inc. grew its position in Calamos Convertible and High Income Fund by 4.7% during the first quarter. Greatmark Investment Partners Inc. now owns 296,195 shares of the investment management company’s stock worth $3,226,000 after buying an additional 13,298 shares in the last quarter. Baird Financial Group Inc. grew its position in Calamos Convertible and High Income Fund by 29.7% during the second quarter. Baird Financial Group Inc. now owns 151,082 shares of the investment management company’s stock worth $2,058,000 after buying an additional 34,611 shares in the last quarter. Cetera Investment Advisers increased its stake in Calamos Convertible and High Income Fund by 13.7% during the 1st quarter. Cetera Investment Advisers now owns 149,380 shares of the investment management company’s stock worth $1,627,000 after acquiring an additional 18,036 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Calamos Convertible and High Income Fund by 19.4% in the 2nd quarter. NewEdge Advisors LLC now owns 94,848 shares of the investment management company’s stock valued at $1,292,000 after acquiring an additional 15,421 shares in the last quarter.

Calamos Convertible and High Income Fund Company Profile

(Get Free Report)

Calamos Convertible and High Income Fund is a publicly traded closed-end fund managed by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation by investing primarily in convertible securities and high-income corporate debt.

Its portfolio may include convertible bonds, preferred securities, high-yield bonds and other income-oriented investments. Convertible securities can provide regular income while offering the potential to participate in the equity performance of the issuing company.

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