Pioneer Municipal High Inc (NYSE:MAV) declared a monthly dividend on Friday, January 5th, Wall Street Journal reports. Investors of record on Thursday, January 18th will be paid a dividend of 0.0525 per share on Wednesday, January 31st. This represents a $0.63 dividend on an annualized basis and a yield of 5.49%. The ex-dividend date of this dividend is Wednesday, January 17th.
Pioneer Municipal High has decreased its dividend by an average of 21.7% annually over the last three years.
Shares of Pioneer Municipal High (NYSE MAV) traded down $0.01 during midday trading on Friday, reaching $11.47. 42,300 shares of the company were exchanged, compared to its average volume of 52,967. Pioneer Municipal High has a fifty-two week low of $10.61 and a fifty-two week high of $12.00.
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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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