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

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.035 per share by the investment management company on Friday, January 31st. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date is Wednesday, January 15th.

Pioneer Municipal High Income Fund Stock Performance

MHI stock traded up $0.06 during midday trading on Monday, reaching $9.43. The company had a trading volume of 15,101 shares, compared to its average volume of 25,357. The stock has a 50 day moving average price of $9.45 and a 200 day moving average price of $9.40. Pioneer Municipal High Income Fund has a fifty-two week low of $8.34 and a fifty-two week high of $9.74.

Pioneer Municipal High Income Fund Company Profile

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.