Calamos Dynamic Convertible and Income Fund to Issue Monthly Dividend of $0.20 (NASDAQ:CCD)

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of 0.195 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Thursday, May 14th.

Calamos Dynamic Convertible and Income Fund Price Performance

Shares of NASDAQ:CCD opened at $25.19 on Tuesday. The company’s 50 day simple moving average is $22.89 and its 200 day simple moving average is $22.20. Calamos Dynamic Convertible and Income Fund has a 1 year low of $19.17 and a 1 year high of $25.40.

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.