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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Tuesday, November 5th, Wall Street Journal reports. Stockholders of record on Wednesday, November 13th will be paid a dividend of 0.10 per share by the investment management company on Wednesday, November 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.06%. The ex-dividend date is Wednesday, November 13th.

Calamos Convertible and High Income Fund has increased its dividend by an average of 5.6% annually over the last three years.

Calamos Convertible and High Income Fund Price Performance

Shares of CHY traded up $0.09 during trading hours on Tuesday, reaching $11.93. 58,701 shares of the company traded hands, compared to its average volume of 148,510. The business has a fifty day moving average price of $11.89 and a 200-day moving average price of $11.49. Calamos Convertible and High Income Fund has a 12-month low of $10.77 and a 12-month high of $12.38.

Calamos Convertible and High Income Fund Company Profile

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.