Calamos Convertible Opportunities and Income Fund Plans Monthly Dividend of $0.10 (NASDAQ:CHI)

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Monday, June 1st. Stockholders of record on Friday, June 12th will be given a dividend of 0.095 per share on Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date of this dividend is Friday, June 12th.

Calamos Convertible Opportunities and Income Fund Price Performance

CHI opened at $12.79 on Tuesday. Calamos Convertible Opportunities and Income Fund has a 52-week low of $10.00 and a 52-week high of $12.81. The business’s fifty day moving average is $11.86 and its 200-day moving average is $11.34.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.