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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Monday, May 6th, Wall Street Journal reports. Stockholders of record on Friday, May 17th will be given a dividend of 0.05 per share on Friday, May 31st. This represents a $0.60 annualized dividend and a dividend yield of 5.36%. The ex-dividend date is Thursday, May 16th.

Pioneer Municipal High Income Opportunities Fund Price Performance

Shares of Pioneer Municipal High Income Opportunities Fund stock traded up $0.06 on Monday, hitting $11.19. The stock had a trading volume of 36,155 shares, compared to its average volume of 40,186. Pioneer Municipal High Income Opportunities Fund has a 52-week low of $9.18 and a 52-week high of $11.36.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. purchased 5,909 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The shares were purchased at an average price of $11.21 per share, for a total transaction of $66,239.89. Following the transaction, the insider now directly owns 1,725,979 shares of the company’s stock, valued at approximately $19,348,224.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.