Pioneer Municipal High Income Trust (NYSE:MHI) declared a monthly dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Thursday, December 14th will be paid a dividend of 0.0525 per share by the investment management company on Monday, December 18th. This represents a $0.63 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date of this dividend is Wednesday, December 13th.

Pioneer Municipal High Income Trust has decreased its dividend payment by an average of 12.0% annually over the last three years.

Shares of Pioneer Municipal High Income Trust (NYSE:MHI) traded up $0.02 during trading on Tuesday, reaching $11.84. 124,300 shares of the company’s stock were exchanged, compared to its average volume of 80,484. Pioneer Municipal High Income Trust has a 52 week low of $11.31 and a 52 week high of $12.35.

ILLEGAL ACTIVITY NOTICE: This piece was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/05/pioneer-municipal-high-income-trust-mhi-plans-monthly-dividend-of-0-05.html.

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.

Dividend History for Pioneer Municipal High Income Trust (NYSE:MHI)

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.