SmarterDividends
CGO

Calamos Global Total Return Fund (CGO) Dividend

Calamos Global Total Return Fund · Financial Services · Asset Management · monthly payer

$11.78

Undervalued · +93% Add to Portfolio

As of Nov 8, 2026, Calamos Global Total Return Fund (CGO) pays a monthly dividend of $0.09 per share, or $1.08 a year, a 9.17% yield at its $11.78 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 20, 2026. It has a dividend safety grade of B.

Forward Yield

9.17%

Annual Dividend

$1.08

Payout Ratio

21%

5-Yr Growth

-4.4%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about CGO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Calamos Global Total Return Fund (CGO) has a forward dividend yield of 9.17%, based on an annual dividend of $1.08 per share and a share price of $11.78.
  • As of Nov 8, 2026, CGO's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • CGO last cut its regular dividend in 2023.
  • CGO's next ex-dividend date is Nov 13, 2026, with payment on Nov 20, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 8, 2026, CGO pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
  • CGO's dividend has shrunk at an average rate of 4.4% a year over the past five years.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for CGO is $22.72 per share, 93% above the $11.78 share price, so CGO screens as undervalued.
  • Calamos Global Total Return Fund (CGO) pays its dividend monthly, 12 times a year.
  • Calamos Global Total Return Fund (CGO) has raised its regular dividend 6 times and cut it 3 times across the 250 payments on record since 2005. Its most recent change was a 12.5% increase to $0.0900 per share, going ex-dividend on Jul 14, 2026. The last cut went ex-dividend on Oct 13, 2022.
Cite this page

SmarterDividends, "CGO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/CGO

Is CGO a good dividend stock?

Yes, with caveats

Calamos Global Total Return Fund (CGO) pays a monthly dividend yielding 9.17% ($1.08/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (21%)

Risks

  • Cut its dividend in 2023
  • Dividend has been shrinking, not growing
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
9.17%
Payout Ratio
21%
Annual Dividend
$1.08
5-Yr Avg Growth
-4.4%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
0
Frequency
monthly
Beta
1.17
Market Cap
$115.8M
P/E Ratio
2.6
5-Yr Total Return
-25%
52-Week Range
$10.71 – $14.20
Dividend Safety
B · 66/100
Ever Cut?
Yes (2023)

CGO dividend raises and cuts

Calamos Global Total Return Fund (CGO) has raised its regular dividend 6 times and cut it 3 times across the 250 payments on record since 2005. Its most recent change was a 12.5% increase to $0.0900 per share, going ex-dividend on Jul 14, 2026. The last cut went ex-dividend on Oct 13, 2022.

Ex-dateChangeOld → newMove
Jul 14, 2026Raise$0.0800 → $0.0900+12.5%
Oct 13, 2022Cut$0.100 → $0.0800−20.0%
Dec 29, 2010Cut$0.108 → $0.100−7.4%
Dec 3, 2010Raise$0.100 → $0.108+8.0%
Nov 10, 2008Cut$0.115 → $0.100−13.0%
Dec 4, 2007Raise$0.110 → $0.115+4.5%
May 9, 2007Raise$0.0980 → $0.110+12.2%
Mar 8, 2007Raise$0.0880 → $0.0980+11.4%
Jun 8, 2006Raise$0.0750 → $0.0880+17.3%
Every CGO payment →Download every raise and cut (CSV)
CGO ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →CGO dividend historyEvery payment, totals by year, raises and cutsView →CGO dividend calculator100 shares pay $108.00 a year, $9.00 each monthCalculate →CGO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CGO a good dividend stock?

Yes, with caveats. Calamos Global Total Return Fund (CGO) pays a monthly dividend yielding 9.17% ($1.08/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is CGO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CGO's fair value is about $22.72 versus a $11.78 share price — so it looks undervalued (+93% vs. fair value).

Is CGO's dividend safe?

CGO has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is CGO's fair value?

Our blended fair-value estimate for CGO is about $22.72 per share, roughly 93% above the current $11.78 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is CGO a buy, hold, or sell?

We don't issue formal ratings, but on the data CGO screens as "yes, with caveats" and undervalued. Calamos Global Total Return Fund (CGO) pays a monthly dividend yielding 9.17% ($1.08/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CGO cut its dividend?

CGO earns a dividend-safety grade of B (66/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CGO pay a dividend?

Yes. Calamos Global Total Return Fund pays a monthly dividend of about $1.08 per share annually, a forward yield of roughly 9.17%.

How much dividend does 100 shares of CGO pay?

At $1.08 per share a year, 100 shares of CGO pay $108.00 a year in dividends before tax, about $9.00 each month. Buying them costs about $1,178 at the Nov 8, 2026 price.

What is CGO's dividend yield?

As of Nov 8, 2026, CGO's forward dividend yield is 9.17%, based on a $1.08 annual dividend and a $11.78 share price.

What is CGO's dividend per share?

As of Nov 8, 2026, CGO pays $1.08 per share per year, distributed on a monthly basis.

What is CGO's dividend payout ratio?

As of Nov 8, 2026, CGO's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CGO grown its dividend?

CGO does not currently have a long dividend-growth streak on record.

When is the next CGO ex-dividend date?

As of Nov 8, 2026, the next ex-dividend date on record for CGO is Nov 13, 2026.

Income Calculator

At $1.08 / yr per share

Per payment (monthly)$9.00
Annual$108.00
Monthly avg$9.00
Full CGO dividend calculator →

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