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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.195 per share on Monday, February 23rd. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Friday, February 13th.

Calamos Dynamic Convertible and Income Fund Price Performance

CCD stock opened at $22.56 on Tuesday. The business has a 50 day simple moving average of $21.73 and a 200-day simple moving average of $21.28. Calamos Dynamic Convertible and Income Fund has a twelve month low of $18.12 and a twelve month high of $24.89.

About Calamos Dynamic Convertible and Income Fund

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.