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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a dividend on Wednesday, May 1st, NASDAQ reports. Shareholders of record on Tuesday, May 14th will be given a dividend of 0.10 per share by the investment management company on Tuesday, May 21st. The ex-dividend date of this dividend is Monday, May 13th.

Calamos Convertible and High Income Fund has increased its dividend by an average of 5.6% annually over the last three years.

Calamos Convertible and High Income Fund Stock Up 0.4 %

Shares of NASDAQ CHY traded up $0.04 during midday trading on Friday, reaching $11.18. The stock had a trading volume of 235,648 shares, compared to its average volume of 143,590. The company’s 50 day moving average price is $11.64 and its 200 day moving average price is $11.54. Calamos Convertible and High Income Fund has a twelve month low of $9.97 and a twelve month high of $12.16.

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.