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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.10 per share by the investment management company on Friday, February 21st. This represents a $1.20 dividend on an annualized basis and a yield of 10.45%. The ex-dividend date of this dividend is Thursday, February 13th.

Calamos Convertible and High Income Fund Trading Up 0.1 %

Shares of CHY stock traded up $0.01 during mid-day trading on Thursday, reaching $11.48. The company’s stock had a trading volume of 217,598 shares, compared to its average volume of 264,560. The firm’s 50-day moving average is $11.89 and its two-hundred day moving average is $11.83. Calamos Convertible and High Income Fund has a 1-year low of $10.77 and a 1-year high of $12.59.

About Calamos Convertible and High Income Fund

Calamos Convertible and High 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 diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.