Calamos Convertible Opportunities and Income Fund (CHI) has announced a dividend of $0.095 per share, slightly higher than the average of the last ten dividends, which stood at approximately $0.092. This dividend, classified as a cash dividend, follows the previous payout of the same amount on May 20, 2025. The announcement was made on Jun 2, 2025, with the ex-dividend date set for Jun 12, 2025, and the dividend payable on Jun 20, 2025. Investors should note that the ex-dividend date is the cutoff for purchasing shares to be eligible for this dividend.
Recently, several developments surrounding
Convertible Opportunities and Income Fund have emerged, capturing significant attention. Over the past week, analysts have noted a short-term upward trend for
stock, predicting a 3.54% increase over the next three months with a high probability of maintaining a price range between $9.19 and an upper threshold yet to be determined. This forecast reflects confidence in the fund's market performance and stability.
Moreover, Calamos has introduced CPSL, a pioneering ETF designed to offer systematic investment with 100% downside protection for S&P 500 ETFs. This innovation highlights the company's strategic efforts to diversify its offerings and bolster its appeal to cautious investors seeking reliable returns amidst market volatility.
Additionally, the fund boasts a robust dividend yield of 11.12%, having distributed $1.14 per share over the past year with monthly payouts. This consistent dividend record underscores Calamos' commitment to providing shareholders with regular income, a factor likely contributing to the recent positive sentiment around its stock.
In conclusion, Calamos Convertible Opportunities and Income Fund presents an attractive proposition for investors, backed by promising forecasts and strategic initiatives. With the ex-dividend date set for Jun 12, 2025, investors are reminded that purchasing shares after this date will not entitle them to the upcoming dividend.
Comments
No comments yet