Calamos Convertible Opportunities and Income Fund (CHI) recently declared a dividend of $0.095 per share, consistent with the previous distribution on Jun 20, 2025. This announcement was made on Jul 1, 2025, with an ex-dividend date of Jul 14, 2025, and a dividend payment scheduled for Jul 21, 2025. The average of the last ten dividends was slightly lower at approximately $0.092, indicating a modest increase in the current payout. It's noteworthy that the dividend type remains as a cash dividend.
Recently, several developments have emerged regarding Calamos Convertible Opportunities and Income Fund. Over the past week, CHI declared a consistent monthly dividend with an annual yield of 10.85%, as per recent updates, reflecting the fund's stable dividend strategy. Additionally, the fund's Relative Strength Index (RSI) indicator moved out of the overbought zone on Jul 7, 2025. This shift suggests a potential transition from an uptrend to a downtrend, prompting traders to consider selling CHI stocks or exploring put options. Analysts indicated that this could influence trading strategies moving forward.
Furthermore, as of late, CHI's stock closed at $10.580 on Jul 3, 2025, marking a slight increase of 0.28% from its previous closing. This subtle rise may reflect market sentiment following the fund's recent announcements. The bid-ask spread continues to be a crucial factor for investors, affecting the liquidity and trading dynamics of CHI shares.
In conclusion, Calamos Convertible Opportunities and Income Fund maintains a consistent dividend strategy, with the ex-dividend date set for Jul 14, 2025. Investors interested in receiving the upcoming dividend must purchase shares by this date, as acquisitions post the ex-dividend date will not qualify for this distribution.
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