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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Monday, July 1st, Zacks reports. Investors of record on Friday, July 12th will be given a dividend of 0.095 per share on Friday, July 19th. This represents a $1.14 annualized dividend and a yield of 9.62%. The ex-dividend date of this dividend is Friday, July 12th.

Calamos Convertible Opportunities and Income Fund has increased its dividend payment by an average of 7.7% annually over the last three years.

Calamos Convertible Opportunities and Income Fund Stock Performance

CHI stock traded up $0.08 during trading on Wednesday, hitting $11.85. The company had a trading volume of 42,517 shares, compared to its average volume of 176,409. The firm has a 50-day moving average price of $11.39 and a 200-day moving average price of $11.04. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $11.95.

Calamos Convertible Opportunities and Income Fund Company Profile

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.