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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.195 per share on Thursday, March 20th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 10.22%. The ex-dividend date of this dividend is Thursday, March 13th.

Calamos Dynamic Convertible and Income Fund Price Performance

CCD stock traded up $0.18 during midday trading on Wednesday, hitting $22.90. The stock had a trading volume of 56,917 shares, compared to its average volume of 57,312. The business has a 50-day moving average of $24.18 and a two-hundred day moving average of $24.31. Calamos Dynamic Convertible and Income Fund has a 52-week low of $20.69 and a 52-week high of $26.16.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.