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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Monday, April 7th, Wall Street Journal reports. Stockholders of record on Thursday, April 17th will be given a dividend of 0.05 per share on Thursday, May 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Thursday, April 17th.

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

Pioneer Municipal High Income Opportunities Fund Stock Down 1.4 %

Pioneer Municipal High Income Opportunities Fund stock traded down $0.16 during trading hours on Monday, hitting $11.65. The company had a trading volume of 52,074 shares, compared to its average volume of 32,884. Pioneer Municipal High Income Opportunities Fund has a one year low of $10.95 and a one year high of $12.62. The firm has a 50-day moving average of $12.04 and a 200 day moving average of $12.10.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. purchased 6,637 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, January 16th. The shares were acquired at an average price of $11.84 per share, with a total value of $78,582.08. Following the completion of the transaction, the insider now directly owns 2,095,894 shares of the company’s stock, valued at $24,815,384.96. This represents a 0.32 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders bought 24,449 shares of company stock valued at $291,391.