Pioneer High Income Fund, Inc. (NYSE:PHT) Announces Monthly Dividend of $0.06

Pioneer High Income Fund, Inc. (NYSE:PHT) announced a monthly dividend on Tuesday, November 5th,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.055 per share by the closed-end fund on Friday, November 29th. This represents a $0.66 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, November 15th.

Pioneer High Income Fund Stock Down 0.1 %

Shares of PHT traded down $0.01 during mid-day trading on Thursday, hitting $7.80. 20,037 shares of the company’s stock were exchanged, compared to its average volume of 77,083. Pioneer High Income Fund has a fifty-two week low of $6.95 and a fifty-two week high of $8.04. The stock’s 50-day moving average is $7.89 and its 200-day moving average is $7.68.

About Pioneer High Income Fund

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.