Pioneer High Income Trust Announces Monthly Dividend of $0.07 (PHT)
Pioneer High Income Trust (NYSE:PHT) announced a monthly dividend on Friday, July 7th, Wall Street Journal reports. Stockholders of record on Tuesday, July 18th will be given a dividend of 0.065 per share by the closed-end fund on Monday, July 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.92%. The ex-dividend date of this dividend is Friday, July 14th.
Pioneer High Income Trust has decreased its dividend payment by an average of 13.2% annually over the last three years.
Pioneer High Income Trust (NYSE:PHT) traded up 0.20% during mid-day trading on Friday, hitting $9.85. The stock had a trading volume of 141,072 shares. The stock has a 50 day moving average of $9.95 and a 200-day moving average of $9.94. Pioneer High Income Trust has a 1-year low of $9.36 and a 1-year high of $10.75.
About Pioneer High Income Trust
Pioneer High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.
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