Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Announces Dividend Increase – $0.05 Per Share

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Friday, April 5th, Wall Street Journal reports. Stockholders of record on Friday, April 19th will be paid a dividend of 0.05 per share on Wednesday, May 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.36%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Pioneer Municipal High Income Opportunities Fund’s previous monthly dividend of $0.05.

Pioneer Municipal High Income Opportunities Fund Trading Down 0.3 %

Shares of MIO traded down $0.03 during trading hours on Friday, reaching $11.20. The company’s stock had a trading volume of 38,610 shares, compared to its average volume of 42,393. Pioneer Municipal High Income Opportunities Fund has a 1-year low of $9.18 and a 1-year high of $11.36.

Insider Activity

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. bought 24,761 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were bought at an average price of $11.10 per share, for a total transaction of $274,847.10. Following the acquisition, the insider now directly owns 1,720,070 shares of the company’s stock, valued at $19,092,777. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.