Calamos Global Dynamic Income Fund (NASDAQ:CHW) Raises Dividend to $0.06 Per Share

Calamos Global Dynamic Income Fund (NASDAQ:CHW) declared a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, July 14th will be given a dividend of 0.06 per share by the investment management company on Tuesday, July 21st. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Tuesday, July 14th. This is a 20.0% increase from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05.

Calamos Global Dynamic Income Fund Trading Down 0.6%

Shares of Calamos Global Dynamic Income Fund stock opened at $8.86 on Thursday. The stock has a 50 day moving average price of $8.69 and a 200-day moving average price of $8.06. Calamos Global Dynamic Income Fund has a one year low of $6.98 and a one year high of $9.18.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its stake in shares of Calamos Global Dynamic Income Fund by 4.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 32,207 shares of the investment management company’s stock valued at $239,000 after buying an additional 1,365 shares during the period. Parallel Advisors LLC grew its holdings in Calamos Global Dynamic Income Fund by 23.5% during the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock worth $54,000 after acquiring an additional 1,371 shares in the last quarter. Kestra Advisory Services LLC increased its position in Calamos Global Dynamic Income Fund by 3.1% during the 1st quarter. Kestra Advisory Services LLC now owns 62,658 shares of the investment management company’s stock valued at $455,000 after purchasing an additional 1,856 shares during the period. Raymond James Financial Inc. increased its position in Calamos Global Dynamic Income Fund by 0.7% during the 3rd quarter. Raymond James Financial Inc. now owns 303,063 shares of the investment management company’s stock valued at $2,285,000 after purchasing an additional 2,203 shares during the period. Finally, Royal Bank of Canada increased its position in Calamos Global Dynamic Income Fund by 1.2% during the 4th quarter. Royal Bank of Canada now owns 221,640 shares of the investment management company’s stock valued at $1,642,000 after purchasing an additional 2,582 shares during the period.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.