Reminder - Calamos Convertible Opportunities and Income Fund (CHI) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/9/13, Calamos Convertible Opportunities and Income Fund ( CHI) will trade ex-dividend, for its monthly dividend of $0.095, payable on 12/16/13. As a percentage of CHI's recent stock price of $13.03, this dividend works out to approximately 0.73%, so look for shares of Calamos Convertible Opportunities and Income Fund to trade 0.73% lower — all else being equal — when CHI shares open for trading on 12/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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:

CHI+Dividend+History+Chart

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 8.75% 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:

Calamos Convertible Opportunities and Income Fund 200 Day Moving Average Chart

Looking at the chart above, CHI's low point in its 52 week range is $11.78 per share, with $13.32 as the 52 week high point — that compares with a last trade of $13.03.

In Thursday trading, Calamos Convertible Opportunities and Income Fund shares are currently off about 0.5% on the day.

null

If you liked this article you might like

3 Stocks Going Ex-Dividend Monday: CGO, CHI, CSH

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: CHI, OUT, NBR

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: CGO, CHI, COLB

Tomorrow's Ex-Dividends To Watch: HYB, CHI, STOR

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Tomorrow: CHI, MDU, POM