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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.10 per share by the investment management company on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Tuesday, December 30th.

Calamos Convertible and High Income Fund Trading Up 1.5%

CHY traded up $0.17 during trading on Friday, reaching $11.49. The company’s stock had a trading volume of 69,590 shares, compared to its average volume of 226,696. The firm has a fifty day simple moving average of $11.44 and a two-hundred day simple moving average of $11.12. Calamos Convertible and High Income Fund has a 1 year low of $8.99 and a 1 year high of $12.46.

About Calamos Convertible and High Income Fund

Calamos Convertible and High 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.