Looking at the universe of stocks we cover at Dividend Channel, on 2/7/14, Calamos Convertible Opportunities and Income Fund (CHI) will trade ex-dividend, for its monthly dividend of $0.095, payable on 2/14/14. As a percentage of CHI's recent stock price of $13.57, this dividend works out to approximately 0.70%, so look for shares of Calamos Convertible Opportunities and Income Fund to trade 0.70% lower — all else being equal — when CHI shares open for trading on 2/7/14.
Below is a dividend history chart for CHI, showing historical dividends prior to the most recent $0.095 declared by Calamos Convertible Opportunities and Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CHI is likely to continue, and whether the current estimated yield of 8.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CHI shares, versus its 200 day moving average:Looking at the chart above, CHI's low point in its 52 week range is $11.82 per share, with $13.79 as the 52 week high point — that compares with a last trade of $13.56.
In Wednesday trading, Calamos Convertible Opportunities and Income Fund shares are currently up about 0.5% on the day.