Calamos Convertible Opportunities and Income Fund to Issue Monthly Dividend of $0.10 (NASDAQ:CHI)

by · The Cerbat Gem

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHIGet Free Report) announced a monthly dividend on Friday, November 1st,Zacks Dividends reports. Investors of record on Wednesday, November 13th will be given a dividend of 0.095 per share on Wednesday, November 20th. This represents a $1.14 annualized dividend and a dividend yield of 9.46%. The ex-dividend date is Wednesday, November 13th.

Calamos Convertible Opportunities and Income Fund has raised its dividend by an average of 7.7% per year over the last three years.

Calamos Convertible Opportunities and Income Fund Stock Performance

NASDAQ CHI opened at $12.05 on Tuesday. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $9.70 and a fifty-two week high of $12.11. The stock’s 50-day moving average is $11.60 and its two-hundred day moving average is $11.50.

About Calamos Convertible Opportunities and Income Fund

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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.

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