Pioneer Municipal High Income Trust (MHI) to Issue $0.05 Monthly Dividend
Pioneer Municipal High Income Trust (NYSE:MHI) declared a monthly dividend on Friday, July 7th, Wall Street Journal reports. Shareholders of record on Tuesday, July 18th will be paid a dividend of 0.05 per share by the investment management company on Monday, July 31st. This represents a $0.60 annualized dividend and a yield of 4.98%. The ex-dividend date is Friday, July 14th.
Pioneer Municipal High Income Trust has decreased its dividend payment by an average of 12.0% per year over the last three years.
Shares of Pioneer Municipal High Income Trust (NYSE:MHI) traded up 0.42% on Friday, reaching $12.04. 141,359 shares of the company’s stock traded hands. Pioneer Municipal High Income Trust has a 52 week low of $11.31 and a 52 week high of $14.67. The firm’s 50 day moving average is $11.93 and its 200 day moving average is $11.78.
COPYRIGHT VIOLATION WARNING: “Pioneer Municipal High Income Trust (MHI) to Issue $0.05 Monthly Dividend” was reported by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/07/07/pioneer-municipal-high-income-trust-mhi-to-issue-0-05-monthly-dividend.html.
About Pioneer Municipal High Income Trust
Pioneer Municipal 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 exempt from regular federal income tax, and the Trust may, as a secondary objective, also seek capital appreciation to the extent that it is consistent with its primary investment objective.
Receive News & Ratings for Pioneer Municipal High Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneer Municipal High Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.