Calamos Investments Announces Calamos Convertible and High Income Fund to Raise Monthly Distribution Payable in February 19, 2021
January 21, 2021 at 07:24 pm EST
Calamos Investments announced the raising of the monthly distribution rate of Calamos Convertible and High Income Fund from 8.50 cents per share to 10.00 cents per share payable on February 19, 2021. Representing an approximate 18% increase from the prior distribution, the new distribution rate reflects on an annualized basis a current distribution rate of 8.05% based upon the Fund's market price of $14.90 per share on January 20, 2021. Record date is February 19, 2021 and ex dividend date is February 11, 2021.