SmarterDividends
CHI

Calamos Convertible Opportunities and Income Fund

CHI

Financial Services · Stock · monthly payer

Forward Yield

8.87%

Annual Dividend

$1.14

Payout Ratio

52%

5-Yr Growth

3.5%

Ex-Date

Jun 12, 2026

Frequency

Monthly

CHI Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2019
Earnings payout coverage52% of earnings paid out
Balance-sheet strengthDebt/equity of 0.49
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is CHI a good dividend stock?

Yes, with caveats

Calamos Convertible Opportunities and Income Fund (CHI) pays a monthly dividend yielding 8.87% ($1.14/yr), with 6 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 (52%)

Risks

  • Cut its dividend in 2019
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.87%
Payout Ratio
52%
Annual Dividend
$1.14
5-Yr Avg Growth
3.5%
Ex-Dividend Date
Jun 12, 2026
Years of Growth
6
Frequency
monthly
Beta
1.12
Market Cap
$1.0B
P/E Ratio
5.9
5-Yr Total Return
-16%
52-Week Range
$10.00 – $12.90
Dividend Safety
B · 70/100
Ever Cut?
Yes (2019)
CHI ex-dividend date & scheduleNext ex-date Jun 12, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.14 / yr per share

Per payment (monthly)$9.50
Annual$114.00
Monthly avg$9.50