Pioneer High Income Fund, Inc. (NYSE:PHT) Plans $0.06 Monthly Dividend

Pioneer High Income Fund, Inc. (NYSE:PHT) announced a monthly dividend on Wednesday, July 3rd, NASDAQ reports. Shareholders of record on Friday, July 19th will be given a dividend of 0.055 per share by the closed-end fund on Wednesday, July 31st. This represents a $0.66 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date is Friday, July 19th.

Pioneer High Income Fund Stock Up 0.4 %

Shares of NYSE:PHT traded up $0.03 during trading on Thursday, hitting $7.59. 18,480 shares of the company were exchanged, compared to its average volume of 83,344. The firm’s 50 day moving average price is $7.44 and its 200-day moving average price is $7.41. Pioneer High Income Fund has a 12-month low of $6.41 and a 12-month high of $7.72.

About Pioneer High Income Fund

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.