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, April 6th, Wall Street Journal reports. Shareholders of record on Wednesday, April 14th will be paid a dividend of 0.10 per share by the investment management company on Tuesday, April 20th. This represents a $1.20 annualized dividend and a yield of 7.73%. The ex-dividend date is Tuesday, April 13th.

NASDAQ CHY opened at $15.52 on Wednesday. Calamos Convertible and High Income Fund has a 1-year low of $8.52 and a 1-year high of $15.81. The firm’s fifty day simple moving average is $15.01 and its 200-day simple moving average is $13.86.

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About Calamos Convertible and High 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.

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