Is the Calamos Convertible Opportunities and Income Fund dividend safe?
At risk
Calamos Convertible Opportunities and Income Fund pays 9.8% a year, but that takes 120% of its free cash flow.
The numbers behind it
Dividend yield9.8%
Paid out of free cash flow120%
Paid out of profit47%
Debt in years of earnings2.1 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 Convertible Opportunities and Income Fund
Data as of Nov 13, 2026.