Pioneer Municipal High Income Trust (MHI) Announces $0.05 Monthly Dividend

Pioneer Municipal High Income Trust (NYSE:MHI) announced a monthly dividend on Monday, June 5th, Wall Street Journal reports. Investors of record on Thursday, June 15th will be paid a dividend of 0.05 per share by the investment management company on Friday, June 30th. This represents a $0.60 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date is Tuesday, June 13th.

Pioneer Municipal High Income Trust has decreased its dividend payment by an average of 12.0% per year over the last three years.

Shares of Pioneer Municipal High Income Trust (NYSE MHI) traded up 0.25% during midday trading on Tuesday, reaching $11.93. 18,759 shares of the company were exchanged. The firm has a 50-day moving average of $11.88 and a 200 day moving average of $11.77. Pioneer Municipal High Income Trust has a 52 week low of $11.31 and a 52 week high of $14.67.

Dividend History for Pioneer Municipal High Income Trust (NYSE:MHI)

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Pioneer Municipal High Income Trust Company Profile

Pioneer Municipal High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income exempt from regular federal income tax, and the Trust may, as a secondary objective, also seek capital appreciation to the extent that it is consistent with its primary investment objective.

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