Calamos Convertible and High Income Fund (NASDAQ:CHY) Declares Monthly Dividend of $0.10

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.10 per share by the investment management company on Thursday, December 19th. This represents a $1.20 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date of this dividend is Friday, December 13th.

Calamos Convertible and High Income Fund has increased its dividend by an average of 5.6% annually over the last three years.

Calamos Convertible and High Income Fund Price Performance

Shares of CHY opened at $12.46 on Wednesday. Calamos Convertible and High Income Fund has a 1-year low of $10.77 and a 1-year high of $12.46. The firm has a fifty day moving average price of $12.13 and a 200 day moving average price of $11.67.

About Calamos Convertible and High Income Fund

Calamos Convertible and High 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.