Calamos Global Dynamic Income Fund
CHWFinancial Services · Stock · monthly payer
Forward Yield
8.64%
Annual Dividend
$0.72
Payout Ratio
21%
5-Yr Growth
-6.5%
Ex-Date
Sep 14, 2026
Frequency
Monthly
Summary
As of September 2026, Calamos Global Dynamic Income Fund (CHW) yields 8.64% ($0.72 per share annually), with a blended fair-value estimate of $19.95 — +143% upside, so it screens as undervalued. Dividend safety grade: C (65/100).
Is CHW a good dividend stock?
Yes, with caveatsCalamos Global Dynamic Income Fund (CHW) pays a monthly dividend yielding 8.64% ($0.72/yr), with 0 years of growth and a dividend-safety grade of C. 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
- 8.64%
- Payout Ratio
- 21%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- -6.5%
- Ex-Dividend Date
- Sep 14, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.19
- Market Cap
- $527.2M
- P/E Ratio
- 2.9
- 5-Yr Total Return
- -21%
- 52-Week Range
- $6.98 – $9.18
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
CHW Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+57%
5 Years
-21%
52-Week Range
$6.98 – $9.18
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CHW worth?
Undervaluedlow confidenceOur blended fair-value estimate for Calamos Global Dynamic Income Fund is $19.95 per share, versus a market price of $8.21. That implies 143% of upside — a margin of safety of about 59%.
Fair Value
$19.95
Current Price
$8.21
Upside
+143%
Margin of Safety
59%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -1.3% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 10.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.86 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CHW Dividend Safety Score
Borderline
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
Dividend History
Full CHW dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 14, 2026 | — | $0.0600 | regular |
| Aug 14, 2026 | — | $0.0600 | regular |
| Jul 14, 2026 | — | $0.0600 | regular |
| Jun 12, 2026 | — | $0.0500 | regular |
| May 14, 2026 | — | $0.0500 | regular |
| Apr 14, 2026 | — | $0.0500 | regular |
| Mar 13, 2026 | — | $0.0500 | regular |
| Feb 13, 2026 | — | $0.0500 | regular |
| Dec 30, 2025 | — | $0.0500 | regular |
| Dec 12, 2025 | — | $0.0500 | regular |
| Nov 14, 2025 | — | $0.0500 | regular |
| Oct 15, 2025 | — | $0.0500 | regular |
| Sep 15, 2025 | — | $0.0500 | regular |
| Aug 14, 2025 | — | $0.0500 | regular |
Income Calculator
At $0.72 / yr per share
Similar Dividend Stocks
Compare CHW
Explore more
Lists and tools related to CHW
- Monthly dividend stocks →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →