Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Declares $0.04 Monthly Dividend

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a monthly dividend on Monday, April 7th, Wall Street Journal reports. Stockholders of record on Thursday, April 17th will be given a dividend of 0.035 per share by the investment management company on Thursday, May 1st. This represents a $0.42 annualized dividend and a dividend yield of 4.64%. The ex-dividend date is Thursday, April 17th.

Pioneer Municipal High Income Fund has increased its dividend by an average of 3.8% annually over the last three years.

Pioneer Municipal High Income Fund Stock Performance

Shares of MHI stock traded down $0.09 during trading hours on Monday, hitting $9.05. 69,279 shares of the company were exchanged, compared to its average volume of 48,212. Pioneer Municipal High Income Fund has a one year low of $8.45 and a one year high of $9.74. The business’s 50-day simple moving average is $9.37 and its two-hundred day simple moving average is $9.42.

About Pioneer Municipal High Income Fund

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.