Is the Calamos Dynamic Convertible and Income Fund dividend safe?
At risk
Calamos Dynamic Convertible and Income Fund pays 9.7% a year, but that takes 90% of its free cash flow.
The numbers behind it
Dividend yield9.7%
Paid out of free cash flow90%
Paid out of profit43%
Debt in years of earnings1.4 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Calamos Dynamic Convertible and Income Fund
Data as of Nov 13, 2026.