Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Plans $0.20 Monthly Dividend

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be given a dividend of 0.195 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date is Monday, September 14th.

Calamos Dynamic Convertible and Income Fund Stock Performance

CCD stock opened at $24.19 on Wednesday. The business has a fifty day simple moving average of $25.35 and a 200-day simple moving average of $24.21. Calamos Dynamic Convertible and Income Fund has a 52 week low of $19.99 and a 52 week high of $26.99.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.