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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHIGet Rating) announced a monthly dividend on Monday, May 2nd, Zacks reports. Stockholders of record on Friday, May 13th will be given a dividend of 0.095 per share on Friday, May 20th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.30%. The ex-dividend date is Thursday, May 12th.

Calamos Convertible Opportunities and Income Fund has increased its dividend payment by an average of 1.8% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Calamos Convertible Opportunities and Income Fund stock opened at $12.26 on Wednesday. The company has a fifty day moving average price of $12.84 and a two-hundred day moving average price of $14.17. Calamos Convertible Opportunities and Income Fund has a 12 month low of $11.70 and a 12 month high of $16.44.

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the third quarter valued at $158,000. MML Investors Services LLC boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 16.9% during the fourth quarter. MML Investors Services LLC now owns 15,837 shares of the company’s stock valued at $239,000 after acquiring an additional 2,294 shares during the period. Finally, NewEdge Advisors LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the fourth quarter valued at $863,000.

About Calamos Convertible Opportunities and Income Fund (Get Rating)

Calamos Convertible Opportunities and 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.

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Dividend History for Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI)

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