Calamos Global Dynamic Income Fund (NASDAQ:CHW) announced a monthly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.07 per share by the investment management company on Thursday, January 4th. This represents a $0.84 annualized dividend and a dividend yield of 9.24%. The ex-dividend date is Thursday, December 28th.

Calamos Global Dynamic Income Fund (CHW) traded up $0.01 during trading on Wednesday, hitting $9.09. The company had a trading volume of 165,447 shares, compared to its average volume of 270,551. Calamos Global Dynamic Income Fund has a 1-year low of $6.95 and a 1-year high of $9.35.

Separately, Canaccord Genuity restated a “buy” rating and set a $14.50 target price on shares of Calamos Global Dynamic Income Fund in a research report on Thursday, November 9th.

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About Calamos Global Dynamic Income Fund

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.

Dividend History for Calamos Global Dynamic Income Fund (NASDAQ:CHW)

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