Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Declares Dividend Increase – $0.08 Per Share

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.0778 per share on Thursday, October 8th. This represents a $0.93 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 16.6% increase from Calamos Convertible Equity Alternative ETF’s previous monthly dividend of $0.0667.

Calamos Convertible Equity Alternative ETF Stock Performance

NYSEARCA:CVRT opened at $46.37 on Thursday. Calamos Convertible Equity Alternative ETF has a 12-month low of $35.46 and a 12-month high of $54.09. The stock’s 50 day moving average price is $47.46 and its two-hundred day moving average price is $48.01.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.