Pioneer Municipal High Income Fund, Inc. (NYSE:MHI – Get Free Report) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.035 per share by the investment management company on Monday, March 31st. This represents a $0.42 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend is Friday, March 14th.
Pioneer Municipal High Income Fund has raised its dividend by an average of 3.8% per year over the last three years.
Pioneer Municipal High Income Fund Price Performance
MHI traded up $0.07 during midday trading on Wednesday, hitting $9.43. 72,005 shares of the company were exchanged, compared to its average volume of 35,764. The company’s 50 day simple moving average is $9.39 and its 200 day simple moving average is $9.46. Pioneer Municipal High Income Fund has a 1-year low of $8.45 and a 1-year high of $9.74.
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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