Calamos Dynamic Convertible and Income Fund (CCD) to Issue Monthly Dividend of $0.20 on October 21st

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.1950 per share on Wednesday, October 21st. This represents a $2.34 dividend on an annualized basis and a yield of 10.3%. The ex-dividend date of this dividend is Wednesday, October 14th.

Calamos Dynamic Convertible and Income Fund Stock Up 1.5%

Shares of NASDAQ:CCD opened at $22.82 on Friday. The company has a 50-day simple moving average of $24.48 and a 200-day simple moving average of $24.34. Calamos Dynamic Convertible and Income Fund has a one year low of $19.99 and a one year high of $26.99.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and Income Fund is a diversified, closed-end investment fund managed by Calamos Advisors LLC. The fund seeks to provide total return through a combination of current income and capital appreciation.

Its portfolio is dynamically allocated among convertible securities, high-yield corporate bonds and other income-producing investments. Convertible securities can offer both income and the potential to participate in the equity performance of the issuing company, while the fund’s broader mandate allows its managers to adjust exposure as market conditions change.

The fund may invest in securities issued by companies in the United States and other countries, providing exposure across multiple industries and geographic markets.