Pioneer Municipal High Income Fund, Inc. (NYSE:MHI – Get Free Report) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.035 per share by the investment management company on Friday, January 31st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Wednesday, January 15th.
Pioneer Municipal High Income Fund has raised its dividend by an average of 6.9% annually over the last three years.
Pioneer Municipal High Income Fund Price Performance
NYSE:MHI opened at $9.30 on Monday. Pioneer Municipal High Income Fund has a one year low of $8.34 and a one year high of $9.74. The company’s 50-day simple moving average is $9.45 and its 200 day simple moving average is $9.41.
Pioneer Municipal High Income Fund Company Profile
Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.
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