Calamos Convertible & Hi Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, November 5th, Wall Street Journal reports. Investors of record on Tuesday, November 13th will be paid a dividend of 0.085 per share by the investment management company on Tuesday, November 20th. This represents a $1.02 annualized dividend and a yield of 9.08%. The ex-dividend date is Friday, November 9th.
Calamos Convertible & Hi Income Fund has increased its dividend payment by an average of 1.3% annually over the last three years.
Shares of NASDAQ CHY opened at $11.23 on Thursday. Calamos Convertible & Hi Income Fund has a 52-week low of $10.60 and a 52-week high of $13.73.
Calamos Convertible & Hi 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.
Further Reading: What is a bull market?
Receive News & Ratings for Calamos Convertible & Hi Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calamos Convertible & Hi Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.