Pioneer Municipal High Income Trust (MHI) Plans $0.05 Monthly Dividend
Pioneer Municipal High Income Trust (NYSE:MHI) declared a monthly dividend on Friday, October 6th, Wall Street Journal reports. Stockholders of record on Wednesday, October 18th will be paid a dividend of 0.05 per share by the investment management company on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date is Tuesday, October 17th.
Pioneer Municipal High Income Trust has decreased its dividend by an average of 12.0% per year over the last three years.
Shares of Pioneer Municipal High Income Trust (MHI) traded down 0.33% during trading on Friday, hitting $11.94. 48,108 shares of the stock were exchanged. The firm has a 50 day moving average of $12.11 and a 200-day moving average of $11.95. Pioneer Municipal High Income Trust has a 12-month low of $11.31 and a 12-month high of $13.04.
Pioneer Municipal High Income Trust Company Profile
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.
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