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

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.035 per share by the investment management company on Friday, February 28th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date of this dividend is Tuesday, February 18th.

Pioneer Municipal High Income Fund has increased its dividend payment by an average of 3.8% per year over the last three years.

Pioneer Municipal High Income Fund Trading Up 0.3 %

Shares of NYSE:MHI traded up $0.03 during trading on Thursday, reaching $9.51. The stock had a trading volume of 31,054 shares, compared to its average volume of 34,777. Pioneer Municipal High Income Fund has a 52 week low of $8.45 and a 52 week high of $9.74. The firm’s fifty day moving average is $9.44 and its 200 day moving average is $9.44.

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.