Dividend Information about Calamos Dynamic: Everything You Need To Know before its Ex-Dividend Date Oct 15, 2025

Calamos Dynamic Convertible & Income Fund (CCD) has announced a cash dividend of $0.1950 per share, with the ex-dividend date set for Oct 15, 2025. The dividend was declared on Oct 1, 2025, and will be paid on Oct 21, 2025. This payout matches the average of the last 10 dividend amounts, maintaining a consistent distribution pattern. The most recent dividend was issued on Sep 22, 2025, at the same amount of $0.1950 per share, also in the form of a cash dividend. Investors who wish to receive this dividend must purchase shares before the ex-dividend date, as ownership on or after Oct 15, 2025 will not qualify for the distribution.

Over the past week, several key developments have emerged that could influence CCD’s market dynamics and investor sentiment. Analysts indicated that the fund’s latest dividend announcement has reinforced confidence in its stable income strategy. The forward dividend yield stands at 10.83%, with an annual payout expected to reach $2.34, reflecting a moderate 2.78% growth rate over five years. However, there has been no dividend growth in recent periods, suggesting that the fund may be maintaining a steady payout rather than increasing it. Source reported that the August 14, 2025 dividend was widely viewed as a positive signal of the fund’s financial health, though some traders remained cautious about the sustainability of the current payout without further earnings growth.

As of late, Calamos Dynamic has been compared with its sister fund, Calamos Convertible and High Income Fund (CHY), with both showing similar performance in certain metrics. However, CCD’s consistent dividend history and recent market volatility have attracted renewed attention from income-focused investors. Over the past week, there has been increased discussion around the fund’s exposure to convertible securities and its ability to generate returns in a shifting interest rate environment. Some traders have begun using dividend capture strategies, while others are focusing on long-term accumulation plans. The fund’s volatility and dividend yield have also led to a rise in options trading activity, as investors seek to hedge or leverage their positions.

In conclusion, Calamos Dynamic Convertible & Income Fund has provided a clear and consistent dividend structure for its shareholders, with the most recent payout aligning with historical averages. The ex-dividend date of Oct 15, 2025 marks the final day investors can purchase shares and still receive the dividend; any transactions after this date will not qualify for the distribution. Given the recent market activity and strategic interest in dividend-based investing, CCD remains a relevant consideration for investors seeking regular income from its dynamic convertible and income approach.