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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Thursday, February 6th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be given 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 payment by an average of 50.8% per year over the last three years.

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE:MIO remained flat at $12.09 during trading hours on Thursday. 7,758 shares of the company were exchanged, compared to its average volume of 21,690. Pioneer Municipal High Income Opportunities Fund has a 12-month low of $10.75 and a 12-month high of $12.62. The business has a 50 day moving average of $12.05 and a 200-day moving average of $12.13.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. purchased 12,400 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were bought at an average price of $12.17 per share, with a total value of $150,908.00. Following the completion of the transaction, the insider now directly owns 1,887,834 shares in the company, valued at $22,974,939.78. This trade represents a 0.66 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders purchased 182,752 shares of company stock valued at $2,192,354 over the last quarter.