Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Declares $0.20 Monthly Dividend

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.195 per share on Friday, August 21st. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, August 14th.

Calamos Dynamic Convertible and Income Fund Trading Up 1.8%

Shares of NASDAQ CCD traded up $0.45 during mid-day trading on Tuesday, hitting $25.84. 49,205 shares of the stock traded hands, compared to its average volume of 87,524. Calamos Dynamic Convertible and Income Fund has a 52 week low of $19.99 and a 52 week high of $26.10. The stock has a fifty day moving average price of $25.26 and a 200-day moving average price of $23.78.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.