Pioneer Municipal High Inc (NYSE:MAV) announced a monthly dividend on Wednesday, February 7th, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be given a dividend of 0.0525 per share on Wednesday, February 28th. This represents a $0.63 annualized dividend and a yield of 5.80%. The ex-dividend date is Thursday, February 15th.
Pioneer Municipal High has decreased its dividend payment by an average of 21.7% annually over the last three years.
Pioneer Municipal High (NYSE MAV) traded up $0.13 during mid-day trading on Wednesday, reaching $10.87. The company’s stock had a trading volume of 72,435 shares, compared to its average volume of 94,763. Pioneer Municipal High has a one year low of $10.57 and a one year high of $11.88.
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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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