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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.195 per share on Friday, February 21st. This represents a $2.34 annualized dividend and a yield of 9.46%. The ex-dividend date is Thursday, February 13th.

Calamos Dynamic Convertible and Income Fund Stock Up 0.8 %

Shares of CCD traded up $0.19 during mid-day trading on Thursday, reaching $24.74. 54,923 shares of the stock traded hands, compared to its average volume of 51,214. Calamos Dynamic Convertible and Income Fund has a 1 year low of $20.69 and a 1 year high of $26.16. The firm has a fifty day moving average price of $24.20 and a 200 day moving average price of $24.16.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible 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 portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.