Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Announces $0.20 Dividend
by Sarita Garza · The Markets DailyCalamos Dynamic Convertible and Income Fund (NASDAQ:CCD – Get Free Report) declared a dividend on Wednesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 14th will be paid a dividend of 0.195 per share on Tuesday, April 21st. The ex-dividend date of this dividend is Tuesday, April 14th.
Calamos Dynamic Convertible and Income Fund Price Performance
Shares of Calamos Dynamic Convertible and Income Fund stock remained flat at $22.23 during trading hours on Friday. The stock had a trading volume of 49,239 shares, compared to its average volume of 86,847. Calamos Dynamic Convertible and Income Fund has a 1 year low of $18.12 and a 1 year high of $23.18. The stock’s 50-day moving average is $22.34 and its two-hundred day moving average is $21.77.
Calamos Dynamic Convertible and Income Fund Company Profile
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.