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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Tuesday, May 14th will be paid a dividend of 0.095 per share on Tuesday, May 21st. This represents a $1.14 annualized dividend and a yield of 10.22%. The ex-dividend date is Monday, May 13th.

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

Calamos Convertible Opportunities and Income Fund Stock Performance

NASDAQ CHI traded up $0.11 during midday trading on Friday, hitting $11.15. The company had a trading volume of 154,918 shares, compared to its average volume of 178,587. The firm has a fifty day simple moving average of $11.13 and a two-hundred day simple moving average of $10.66. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $9.70 and a fifty-two week high of $11.61.

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.