Pioneer Municipal High Inc (NYSE:MAV) announced a monthly dividend on Thursday, September 5th, NASDAQ reports. Stockholders of record on Wednesday, September 18th will be paid a dividend of 0.038 per share on Monday, September 30th. This represents a $0.46 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Tuesday, September 17th.

Pioneer Municipal High has decreased its dividend payment by an average of 14.8% annually over the last three years.

Shares of MAV opened at $10.68 on Monday. Pioneer Municipal High has a 12 month low of $10.00 and a 12 month high of $11.19. The stock has a fifty day moving average price of $11.03 and a 200-day moving average price of $10.77.

Separately, Royal Bank of Canada reiterated a “buy” rating and set a $8.50 price objective on shares of Pioneer Municipal High in a report on Thursday, August 8th.

Pioneer Municipal High Company Profile

Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.

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Dividend History for Pioneer Municipal High (NYSE:MAV)

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