Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) Announces $0.04 Monthly Dividend

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.035 per share by the investment management company on Monday, March 31st. This represents a $0.42 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Friday, March 14th.

Pioneer Municipal High Income Fund has increased its dividend payment by an average of 3.8% annually over the last three years.

Pioneer Municipal High Income Fund Trading Up 0.7 %

NYSE MHI traded up $0.07 during trading hours on Wednesday, hitting $9.43. The company’s stock had a trading volume of 72,005 shares, compared to its average volume of 35,764. The stock has a fifty day moving average of $9.39 and a 200 day moving average of $9.46. Pioneer Municipal High Income Fund has a twelve month low of $8.45 and a twelve month high of $9.74.

About Pioneer Municipal High Income Fund

Pioneer Municipal High Income Fund, Inc 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.