Calamos Global Dynamic Income Fund Declares Monthly Dividend of $0.06 (NASDAQ:CHW)

Calamos Global Dynamic Income Fund (NASDAQ:CHW) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.06 per share by the investment management company on Friday, August 21st. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Friday, August 14th.

Calamos Global Dynamic Income Fund Price Performance

Shares of CHW stock traded up $0.11 on Tuesday, hitting $8.46. 87,343 shares of the company’s stock were exchanged, compared to its average volume of 212,432. Calamos Global Dynamic Income Fund has a 12 month low of $6.98 and a 12 month high of $9.18. The company has a 50 day moving average of $8.75 and a 200 day moving average of $8.25.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of hedge funds have recently made changes to their positions in CHW. Parallel Advisors LLC lifted its stake in Calamos Global Dynamic Income Fund by 23.5% in the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after purchasing an additional 1,371 shares during the last quarter. Leigh Baldwin & CO. LLC bought a new stake in shares of Calamos Global Dynamic Income Fund during the fourth quarter worth $74,000. Capital Financial Group Inc. Co. ADV acquired a new position in shares of Calamos Global Dynamic Income Fund during the first quarter worth $76,000. Retirement Planning Group LLC acquired a new position in shares of Calamos Global Dynamic Income Fund during the first quarter worth $111,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Calamos Global Dynamic Income Fund in the 2nd quarter valued at $145,000.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.