Pioneer Municipal High Income Trust (MHI) to Issue Monthly Dividend of $0.05 on December 20th
Pioneer Municipal High Income Trust (NYSE:MHI) announced a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 13th will be paid a dividend of 0.0525 per share by the investment management company on Thursday, December 20th. This represents a $0.63 annualized dividend and a yield of 5.69%. The ex-dividend date is Wednesday, December 12th.
Pioneer Municipal High Income Trust has decreased its dividend by an average of 21.2% annually over the last three years.
Shares of Pioneer Municipal High Income Trust stock opened at $11.07 on Friday. Pioneer Municipal High Income Trust has a 1-year low of $10.65 and a 1-year high of $12.01.
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Pioneer Municipal High Income Trust 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.
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