Pioneer Municipal High Income Fund, Inc. Announces Dividend of $0.04 (NYSE:MHI)

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a dividend on Wednesday, July 3rd, NASDAQ reports. Stockholders of record on Friday, July 19th will be given a dividend of 0.035 per share by the investment management company on Wednesday, July 31st. The ex-dividend date is Friday, July 19th.

Pioneer Municipal High Income Fund Stock Performance

MHI remained flat at $9.13 during trading hours on Thursday. 18,229 shares of the company traded hands, compared to its average volume of 71,012. The firm has a 50 day moving average of $8.92 and a 200-day moving average of $8.76. Pioneer Municipal High Income Fund has a 12 month low of $6.93 and a 12 month high of $9.25.

Insider Buying and Selling at Pioneer Municipal High Income Fund

In other Pioneer Municipal High Income Fund news, major shareholder Saba Capital Management, L.P. bought 11,105 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were purchased at an average cost of $8.91 per share, for a total transaction of $98,945.55. Following the transaction, the insider now owns 3,449,685 shares of the company’s stock, valued at $30,736,693.35. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders acquired 19,408 shares of company stock worth $171,533 over the last 90 days.

Pioneer Municipal High Income Fund Company Profile

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.