Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) Plans $0.07 Monthly Dividend

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.0667 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, September 1st.

Calamos Convertible Equity Alternative ETF Stock Performance

Shares of Calamos Convertible Equity Alternative ETF stock traded up $0.21 during midday trading on Wednesday, hitting $46.63. The company’s stock had a trading volume of 13,139 shares, compared to its average volume of 9,784. The stock has a 50-day simple moving average of $48.53 and a 200-day simple moving average of $47.38. Calamos Convertible Equity Alternative ETF has a 1-year low of $33.94 and a 1-year high of $54.09.

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.