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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be given a dividend of 0.195 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date of this dividend is Monday, September 14th.

Calamos Dynamic Convertible and Income Fund Stock Down 1.8%

Calamos Dynamic Convertible and Income Fund stock opened at $24.19 on Wednesday. Calamos Dynamic Convertible and Income Fund has a 12-month low of $19.99 and a 12-month high of $26.99. The firm’s fifty day moving average price is $25.35 and its 200 day moving average price is $24.21.

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.