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

Pioneer High Income Fund, Inc. (NYSE:PHT) announced a monthly dividend on Tuesday, November 5th,Wall Street Journal reports. Investors 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 yield of 8.46%. The ex-dividend date is Friday, November 15th.

Pioneer High Income Fund Price Performance

NYSE PHT traded down $0.01 on Thursday, hitting $7.80. The company had a trading volume of 20,037 shares, compared to its average volume of 77,083. The company’s fifty day moving average price is $7.89 and its 200-day moving average price is $7.68. Pioneer High Income Fund has a 12-month low of $6.95 and a 12-month high of $8.04.

Pioneer High Income Fund Company Profile

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.