Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Announces $0.10 Monthly Dividend

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Tuesday, May 14th will be given a dividend of 0.095 per share on Tuesday, May 21st. This represents a $1.14 dividend on an annualized basis and a yield of 10.22%. The ex-dividend date of this dividend is Monday, May 13th.

Calamos Convertible Opportunities and Income Fund has increased its dividend by an average of 7.7% per year over the last three years.

Calamos Convertible Opportunities and Income Fund Stock Performance

CHI traded up $0.11 during trading on Friday, hitting $11.15. The stock had a trading volume of 154,918 shares, compared to its average volume of 178,587. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $11.61. The company has a 50 day simple moving average of $11.13 and a 200-day simple moving average of $10.66.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and 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.