Pioneer High Income Fund, Inc. (NYSE:PHT) Plans Monthly Dividend of $0.06

Pioneer High Income Fund, Inc. (NYSE:PHT) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.055 per share by the closed-end fund on Friday, January 31st. This represents a $0.66 annualized dividend and a yield of 8.44%. The ex-dividend date is Wednesday, January 15th.

Pioneer High Income Fund Trading Up 0.1 %

Shares of NYSE PHT traded up $0.01 on Monday, reaching $7.82. 97,379 shares of the company traded hands, compared to its average volume of 83,554. The company has a 50 day moving average of $7.83 and a 200 day moving average of $7.78. Pioneer High Income Fund has a fifty-two week low of $7.10 and a fifty-two week high of $8.04.

About Pioneer High Income Fund

Pioneer High Income Fund, Inc 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.