Calamos Convertible and High Income Fund (NASDAQ:CHY) to Issue $0.10 Monthly Dividend

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be paid a dividend of 0.10 per share by the investment management company on Friday, August 21st. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Friday, August 14th.

Calamos Convertible and High Income Fund Trading Up 1.0%

Shares of NASDAQ CHY traded up $0.13 during mid-day trading on Tuesday, reaching $12.88. The company had a trading volume of 140,086 shares, compared to its average volume of 213,374. Calamos Convertible and High Income Fund has a twelve month low of $10.41 and a twelve month high of $13.91. The stock’s 50 day moving average is $13.16 and its 200-day moving average is $12.35.

Calamos Convertible and High Income Fund Company Profile

The Calamos Convertible and High Income Fund (NASDAQ: CHY) is a closed-end investment company managed by Calamos Investments. The fund seeks to deliver high current income and total return through a diversified portfolio of convertible securities and high-yield debt instruments. By blending growth potential from equity-linked convertibles with income generation from corporate and structured credit, the fund aims to offer investors a balanced approach to return enhancement and downside mitigation.

CHY’s portfolio typically includes investment-grade and below-investment-grade convertible bonds, convertible preferred stocks, senior loans and high-yield bonds issued by companies across a range of industries.