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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.10 per share by the investment management company on Friday, January 10th. This represents a $1.20 dividend on an annualized basis and a yield of 9.88%. The ex-dividend date of this dividend is Monday, December 30th.

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

Calamos Convertible and High Income Fund Price Performance

Shares of NASDAQ CHY traded up $0.14 during trading hours on Friday, reaching $12.14. 195,401 shares of the stock were exchanged, compared to its average volume of 148,252. Calamos Convertible and High Income Fund has a 52 week low of $10.77 and a 52 week high of $12.59. The stock’s fifty day simple moving average is $12.16 and its 200 day simple moving average is $11.72.

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.