Pioneer Municipal High Income Opportunities Fund, Inc. (MIO) to Issue Monthly Dividend of $0.05 on March 31st

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.05 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date of this dividend is Friday, March 14th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend by an average of 50.3% annually over the last three years.

Pioneer Municipal High Income Opportunities Fund Stock Down 0.6 %

Shares of NYSE:MIO traded down $0.07 during trading on Wednesday, hitting $12.06. 6,066 shares of the company were exchanged, compared to its average volume of 23,838. Pioneer Municipal High Income Opportunities Fund has a fifty-two week low of $10.95 and a fifty-two week high of $12.62. The firm has a fifty day moving average price of $12.04 and a two-hundred day moving average price of $12.15.

Insider Activity at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. bought 7,505 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average cost of $12.18 per share, for a total transaction of $91,410.90. Following the purchase, the insider now owns 1,933,415 shares of the company’s stock, valued at approximately $23,548,994.70. This trade represents a 0.39 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders bought 136,506 shares of company stock valued at $1,629,825.