Calamos Convertible Opportunities and Income Fund About To Put More Money In Your Pocket (CHI)

Looking at the universe of stocks we cover at Dividend Channel, on 8/8/14, Calamos Convertible Opportunities and Income Fund (CHI) will trade ex-dividend, for its monthly dividend of $0.095, payable on 8/15/14. As a percentage of CHI's recent stock price of $12.93, 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 8/8/14.

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 8.82% 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 $12.30 per share, with $14.50 as the 52 week high point — that compares with a last trade of $12.94.

In Wednesday trading, Calamos Convertible Opportunities and Income Fund shares are currently down about 0.1% on the day.

More from Stocks

General Electric Shares Surge After Rare JPMorgan Upgrade

General Electric Shares Surge After Rare JPMorgan Upgrade

Ciena Jumps After Earnings Blow Out Estimates

Ciena Jumps After Earnings Blow Out Estimates

4 Big Roadblocks to a Better Market

4 Big Roadblocks to a Better Market

ECB Ends Bond Buying Program; Plans 'Extended' Reinvestment Period

ECB Ends Bond Buying Program; Plans 'Extended' Reinvestment Period

GE Stock Surges Higher on Key Analyst Upgrade

GE Stock Surges Higher on Key Analyst Upgrade