Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Plans $0.20 Monthly Dividend

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.195 per share on Friday, March 20th. This represents a c) annualized dividend and a dividend yield of 10.3%. The ex-dividend date of this dividend is Friday, March 13th.

Calamos Dynamic Convertible and Income Fund Trading Down 1.6%

Shares of NASDAQ:CCD opened at $22.62 on Wednesday. The business’s fifty day moving average price is $22.39 and its two-hundred day moving average price is $21.61. Calamos Dynamic Convertible and Income Fund has a fifty-two week low of $18.12 and a fifty-two week high of $23.18.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.