Calamos Global Dynamic Income Fund (CHW) Announces $0.07 Monthly Dividend

Calamos Global Dynamic Income Fund (NASDAQ:CHW) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Tuesday, December 12th will be paid a dividend of 0.07 per share by the investment management company on Friday, December 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.24%. The ex-dividend date is Monday, December 11th.

Shares of Calamos Global Dynamic Income Fund (NASDAQ CHW) traded down $0.02 during trading hours on Tuesday, hitting $9.09. The stock had a trading volume of 126,300 shares, compared to its average volume of 274,212. Calamos Global Dynamic Income Fund has a 1-year low of $6.95 and a 1-year high of $9.35.

Separately, Canaccord Genuity reiterated a “buy” rating and set a $14.50 target price on shares of Calamos Global Dynamic Income Fund in a report on Thursday, November 9th.

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About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment strategy is to generate a high level of current income with a secondary objective of capital appreciation. The Fund, under normal circumstances, will invest at least 40% of its managed assets in securities of foreign issuers in developed and emerging markets, including debt and equity securities of corporate issuers, and debt securities of government issuers.

Dividend History for Calamos Global Dynamic Income Fund (NASDAQ:CHW)

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