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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.095 per share on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Friday, August 14th.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of NASDAQ:CHI traded up $0.29 during mid-day trading on Tuesday, reaching $13.02. The stock had a trading volume of 118,433 shares, compared to its average volume of 188,442. The business’s 50 day moving average price is $12.88 and its 200 day moving average price is $12.02. Calamos Convertible Opportunities and Income Fund has a 1 year low of $10.10 and a 1 year high of $13.50.

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.