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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be given a dividend of 0.095 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Monday, September 14th.

Calamos Convertible Opportunities and Income Fund Stock Down 2.3%

Shares of CHI stock opened at $12.42 on Wednesday. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $10.26 and a fifty-two week high of $13.50. The firm’s 50 day moving average price is $12.97 and its two-hundred day moving average price is $12.28.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.