Calamos Global Dynamic Income Fund (CHW) Plans Monthly Dividend of $0.07
Calamos Global Dynamic Income Fund (NASDAQ:CHW) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Shareholders of record on Monday, February 12th will be paid a dividend of 0.07 per share by the investment management company on Tuesday, February 20th. This represents a $0.84 annualized dividend and a yield of 9.14%. The ex-dividend date is Friday, February 9th.
Calamos Global Dynamic Income Fund (NASDAQ:CHW) opened at $9.19 on Thursday. Calamos Global Dynamic Income Fund has a 12-month low of $7.51 and a 12-month high of $9.87.
Separately, Canaccord Genuity reiterated a “buy” rating and set a $14.50 price objective on shares of Calamos Global Dynamic Income Fund in a research report on Thursday, November 9th.
Calamos Global Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment strategy is to generate a high level of current income with a secondary objective of capital appreciation. The Fund, under normal circumstances, will invest at least 40% of its managed assets in securities of foreign issuers in developed and emerging markets, including debt and equity securities of corporate issuers, and debt securities of government issuers.
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