Calamos Convertible & Hi Income Fund (CHY) to Issue Monthly Dividend of $0.09 on February 20th

Calamos Convertible & Hi Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, February 4th, Wall Street Journal reports. Shareholders of record on Tuesday, February 12th will be paid a dividend of 0.085 per share by the investment management company on Wednesday, February 20th. This represents a $1.02 dividend on an annualized basis and a yield of 9.34%. The ex-dividend date is Monday, February 11th.

Calamos Convertible & Hi Income Fund has decreased its dividend payment by an average of 1.3% per year over the last three years.

NASDAQ CHY opened at $10.92 on Friday. Calamos Convertible & Hi Income Fund has a 12-month low of $8.63 and a 12-month high of $13.73.

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About Calamos Convertible & Hi Income Fund

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: How to execute a trade ex-dividend strategy?

Dividend History for Calamos Convertible & Hi Income Fund (NASDAQ:CHY)

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