Calamos Global Dynamic Income Fund (NASDAQ:CHW) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders 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 yield of 9.25%. The ex-dividend date of this dividend is Monday, December 11th.
Shares of Calamos Global Dynamic Income Fund (NASDAQ:CHW) opened at $9.08 on Wednesday. Calamos Global Dynamic Income Fund has a one year low of $6.95 and a one year high of $9.35.
Separately, Canaccord Genuity reissued a “buy” rating and issued a $14.50 target price on shares of Calamos Global Dynamic Income Fund in a report on Thursday, November 9th.
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Calamos Global Dynamic Income Fund Company Profile
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.
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