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

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

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 Trading Down 0.9 %

Shares of MHI stock traded down $0.09 on Monday, reaching $9.05. 69,279 shares of the stock were exchanged, compared to its average volume of 48,212. Pioneer Municipal High Income Fund has a 1-year low of $8.45 and a 1-year high of $9.74. The firm has a 50 day moving average of $9.37 and a two-hundred day moving average of $9.42.

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.