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

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Monday, July 1st, Zacks reports. Investors of record on Friday, July 12th will be paid a dividend of 0.195 per share on Friday, July 19th. This represents a $2.34 dividend on an annualized basis and a yield of 10.30%. The ex-dividend date of this dividend is Friday, July 12th.

Calamos Dynamic Convertible and Income Fund has raised its dividend by an average of 5.3% annually over the last three years.

Calamos Dynamic Convertible and Income Fund Stock Performance

Calamos Dynamic Convertible and Income Fund stock traded down $0.01 during midday trading on Wednesday, reaching $22.71. The stock had a trading volume of 9,821 shares, compared to its average volume of 84,959. Calamos Dynamic Convertible and Income Fund has a 12 month low of $16.93 and a 12 month high of $23.26. The company has a fifty day moving average price of $22.52 and a two-hundred day moving average price of $21.50.

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.