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

Pioneer Municipal High Income Trust (NYSE:MHI) announced a monthly dividend on Tuesday, June 5th, Wall Street Journal reports. Shareholders of record on Friday, June 15th will be given a dividend of 0.0525 per share by the investment management company on Friday, June 29th. This represents a $0.63 annualized dividend and a dividend yield of 5.49%. The ex-dividend date is Thursday, June 14th.

Pioneer Municipal High Income Trust has decreased its dividend payment by an average of 21.2% annually over the last three years.

Shares of NYSE:MHI traded up $0.04 on Friday, hitting $11.48. The company’s stock had a trading volume of 71,037 shares, compared to its average volume of 65,115. Pioneer Municipal High Income Trust has a 1 year low of $11.10 and a 1 year high of $12.35.

About Pioneer Municipal High Income Trust

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.

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

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