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

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Friday, March 14th.

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

Pioneer Municipal High Income Fund Trading Up 0.7 %

Shares of NYSE MHI traded up $0.07 during midday trading on Wednesday, reaching $9.43. The company had a trading volume of 72,005 shares, compared to its average volume of 35,764. Pioneer Municipal High Income Fund has a 1 year low of $8.45 and a 1 year high of $9.74. The business’s 50-day simple moving average is $9.39 and its 200 day simple moving average is $9.46.

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.