Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) to Issue Dividend Increase – $0.08 Per Share

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) announced a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.0778 per share on Thursday, October 8th. This represents a $0.93 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 16.6% increase from Calamos Convertible Equity Alternative ETF’s previous monthly dividend of $0.0667.

Calamos Convertible Equity Alternative ETF Price Performance

Shares of CVRT opened at $46.37 on Thursday. Calamos Convertible Equity Alternative ETF has a 1-year low of $35.46 and a 1-year high of $54.09. The company’s fifty day moving average price is $47.46 and its 200-day moving average price is $48.01.

About Calamos Convertible Equity Alternative ETF

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.