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.

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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.

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