Calamos Convertible & High Income Fund Announces $0.10 Monthly Dividend

The Calamos Convertible & High Income Fund (CHY) has declared a monthly dividend of $0.10 per share, offering an annualized yield of approximately 10.34%. The payment is scheduled for October 21 to shareholders on record as of October 14, with the ex-dividend date also set for October 14. This consistent payout reflects CHY's strategy in generating income through a mix of convertible securities and high-yield investments. Analysts have previously noted that while the fund’s yield remains well-covered, investors should remain cautious about potential interest rate risks affecting its performance.

By Urvi Shah, SA News Editor · Seeking Alpha ·

Calamos Convertible & High Income Fund Announces $0.10 Monthly Dividend

Tickers: $CHY

Topics: dividends income investing

Read the full article at Seeking Alpha

More World news