Pioneer Municipal High Inc (MAV) to Issue Monthly Dividend of $0.05
Pioneer Municipal High Inc (NYSE:MAV) declared a monthly dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Thursday, December 14th will be paid a dividend of 0.0525 per share on Monday, December 18th. This represents a $0.63 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend is Wednesday, December 13th.
Pioneer Municipal High has decreased its dividend by an average of 10.7% per year over the last three years.
Shares of Pioneer Municipal High (NYSE MAV) traded up $0.07 during trading on Wednesday, reaching $11.42. 61,100 shares of the company’s stock traded hands, compared to its average volume of 87,321. Pioneer Municipal High has a 52 week low of $10.61 and a 52 week high of $12.06.
Pioneer Municipal High Company Profile
Pioneer Municipal High Income Advantage Trust is a diversified, open-ended management investment company. The investment objective of the Fund is to provide reasonable income and capital growth. The Fund offers four classes of shares designated as Class A, Class C, Class R and Class Y shares. Each class of shares represents an interest in the same portfolio of investments of the Fund and has identical rights (based on relative net asset values) to assets and liquidation proceeds.
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