Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) to Issue Monthly Dividend of $0.05

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be paid a dividend of 0.05 per share on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date of this dividend is Tuesday, February 18th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend by an average of 50.8% per year over the last three years.

Pioneer Municipal High Income Opportunities Fund Price Performance

MIO remained flat at $12.09 during trading on Thursday. The company’s stock had a trading volume of 7,758 shares, compared to its average volume of 21,690. The stock has a fifty day simple moving average of $12.05 and a 200 day simple moving average of $12.13. Pioneer Municipal High Income Opportunities Fund has a 12-month low of $10.75 and a 12-month high of $12.62.

Insider Transactions at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 32,911 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, December 26th. The stock was acquired at an average price of $11.85 per share, for a total transaction of $389,995.35. Following the transaction, the insider now owns 2,051,327 shares in the company, valued at $24,308,224.95. The trade was a 1.63 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders purchased a total of 182,752 shares of company stock valued at $2,192,354 in the last three months.