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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.095 per share on Tuesday, October 22nd. This represents a $1.14 dividend on an annualized basis and a yield of 10.02%. The ex-dividend date of this dividend is Tuesday, October 15th.

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

Calamos Convertible Opportunities and Income Fund Stock Performance

NASDAQ CHI traded down $0.08 on Thursday, reaching $11.38. 48,820 shares of the company were exchanged, compared to its average volume of 164,206. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $9.70 and a fifty-two week high of $12.11. The business’s fifty day moving average price is $11.37 and its 200 day moving average price is $11.39.

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.