Pioneer Municipal High Income Trust (NYSE:MHI) announced a monthly dividend on Wednesday, February 7th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be given a dividend of 0.0525 per share by the investment management company on Wednesday, February 28th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date of this dividend is Thursday, February 15th.
Pioneer Municipal High Income Trust has decreased its dividend payment by an average of 21.2% annually over the last three years.
Pioneer Municipal High Income Trust (NYSE MHI) traded up $0.18 on Wednesday, hitting $11.45. The stock had a trading volume of 54,031 shares, compared to its average volume of 83,807. Pioneer Municipal High Income Trust has a twelve month low of $11.21 and a twelve month high of $12.35.
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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