Cash Dividend On The Way From Calamos Convertible Opportunities and Income Fund (CHI)

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/15, Calamos Convertible Opportunities and Income Fund (CHI) will trade ex-dividend, for its monthly dividend of $0.095, payable on 5/15/15. As a percentage of CHI's recent stock price of $13.13, this dividend works out to approximately 0.72%, so look for shares of Calamos Convertible Opportunities and Income Fund to trade 0.72% lower — all else being equal — when CHI shares open for trading on 5/8/15.

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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 8.68% 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 $12.05 per share, with $14.21 as the 52 week high point — that compares with a last trade of $13.13.

In Wednesday trading, Calamos Convertible Opportunities and Income Fund shares are currently trading flat on the day.

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