Pioneer Municipal High Inc Plans Monthly Dividend of $0.05 (MAV)
Pioneer Municipal High Inc (NYSE:MAV) declared a monthly dividend on Friday, October 6th, Wall Street Journal reports. Shareholders of record on Wednesday, October 18th will be paid a dividend of 0.05 per share on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Tuesday, October 17th.
Pioneer Municipal High has decreased its dividend by an average of 10.7% per year over the last three years.
Shares of Pioneer Municipal High (NYSE MAV) remained flat at $11.49 during trading on Friday. 59,421 shares of the company traded hands. The company has a 50 day moving average of $11.61 and a 200-day moving average of $11.47. Pioneer Municipal High has a one year low of $10.61 and a one year high of $13.06.
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Pioneer Municipal High Company Profile
Pioneer Municipal High Income Advantage Trust is a diversified, open-ended management investment company. The investment objective of the Fund is to provide reasonable income and capital growth. The Fund offers four classes of shares designated as Class A, Class C, Class R and Class Y shares. Each class of shares represents an interest in the same portfolio of investments of the Fund and has identical rights (based on relative net asset values) to assets and liquidation proceeds.
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