Calamos Global Dynamic Income Fund (NASDAQ:CHW) to Issue $0.07 Monthly Dividend
Calamos Global Dynamic Income Fund (NASDAQ:CHW) declared a monthly dividend on Monday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 11th will be given a dividend of 0.07 per share by the investment management company on Friday, July 14th. This represents a $0.84 dividend on an annualized basis and a yield of 9.78%. The ex-dividend date of this dividend is Friday, July 7th.
Calamos Global Dynamic Income Fund (NASDAQ:CHW) traded up 0.70% during trading on Monday, reaching $8.59. 175,823 shares of the company were exchanged. Calamos Global Dynamic Income Fund has a one year low of $6.91 and a one year high of $8.60. The firm’s 50 day moving average price is $8.40 and its 200-day moving average price is $7.81.
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Separately, Wells Fargo & Company raised shares of Calamos Global Dynamic Income Fund from a “market perform” rating to an “outperform” rating in a report on Tuesday, May 30th.
Calamos Global Dynamic Income Fund Company Profile
Calamos Global Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment strategy is to generate a high level of current income with a secondary objective of capital appreciation. The Fund, under normal circumstances, will invest at least 40% of its managed assets in securities of foreign issuers in developed and emerging markets, including debt and equity securities of corporate issuers, and debt securities of government issuers.
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