Calamos Convertible and High Income Fund (NASDAQ:CHY) Plans $0.10 Monthly Dividend

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Thursday, May 1st, Wall Street Journal reports. Stockholders of record on Tuesday, May 13th will be paid a dividend of 0.10 per share by the investment management company on Tuesday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.59%. The ex-dividend date of this dividend is Tuesday, May 13th.

Calamos Convertible and High Income Fund Stock Performance

Shares of CHY stock opened at $10.35 on Friday. The firm’s 50 day moving average is $10.13 and its 200 day moving average is $11.21. Calamos Convertible and High Income Fund has a 12 month low of $8.99 and a 12 month 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.