CALAMOS CONV. OPPTYS. & INCOME FUND Declares Monthly Dividend of $0.08 (CHI)

CALAMOS CONV. OPPTYS. & INCOME FUND (NASDAQ:CHI) announced a monthly dividend on Monday, December 3rd, Zacks reports. Shareholders of record on Friday, December 14th will be given a dividend of 0.08 per share on Thursday, December 20th. This represents a $0.96 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date is Thursday, December 13th.

CHI traded down $0.18 during trading on Friday, reaching $9.89. 244,003 shares of the company traded hands, compared to its average volume of 280,697. CALAMOS CONV. OPPTYS. & INCOME FUND has a 12-month low of $9.57 and a 12-month high of $12.94.

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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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