Welcome to our dedicated page for Calamos Convertible and High Income Fund news (Ticker: CHY), a resource for investors and traders seeking the latest updates and insights on Calamos Convertible and High Income Fund stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Calamos Convertible and High Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Calamos Convertible and High Income Fund's position in the market.
Calamos Investments has announced an increase in the monthly distribution rate for the Calamos Convertible and High Income Fund (NASDAQ: CHY) from 8.50 cents to 10.00 cents per share, an approximate 18% increase. This new distribution is payable on February 19, 2021, based on a market price of $14.90 per share as of January 20, 2021, resulting in an annualized distribution rate of 8.05%. The decision to raise the dividend reflects the fund's strong performance in 2020, supported by active management and a diversified portfolio.
FAQ
What is the current stock price of Calamos Convertible and High Income Fund (CHY)?
What is the market cap of Calamos Convertible and High Income Fund (CHY)?
