Pioneer High Income Trust (NYSE:PHT) Raises Dividend to $0.07 Per Share

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Pioneer High Income Trust (NYSE:PHT) declared a monthly dividend on Wednesday, April 7th, Wall Street Journal reports. Stockholders of record on Monday, April 19th will be paid a dividend of 0.0725 per share by the closed-end fund on Friday, April 30th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 9.21%. The ex-dividend date of this dividend is Friday, April 16th. This is a positive change from Pioneer High Income Trust’s previous monthly dividend of $0.07.

Shares of NYSE:PHT traded up $0.12 during trading on Wednesday, reaching $9.45. The company had a trading volume of 146,455 shares, compared to its average volume of 86,144. The company has a fifty day moving average of $9.32 and a two-hundred day moving average of $8.81. Pioneer High Income Trust has a 12 month low of $6.36 and a 12 month high of $9.62.

Pioneer High Income Trust Company Profile

Pioneer High Income Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service.

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Dividend History for Pioneer High Income Trust (NYSE:PHT)

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