Pioneer Municipal High Income Opportunities Fund, Inc. Announces Monthly Dividend of $0.05 (NYSE:MIO)

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 annualized dividend and a dividend yield of 4.97%. The ex-dividend date is Wednesday, January 15th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend by an average of 69.4% per year over the last three years.

Pioneer Municipal High Income Opportunities Fund Trading Up 0.6 %

Pioneer Municipal High Income Opportunities Fund stock traded up $0.07 during mid-day trading on Monday, hitting $12.07. 17,079 shares of the company’s stock traded hands, compared to its average volume of 12,883. Pioneer Municipal High Income Opportunities Fund has a fifty-two week low of $10.48 and a fifty-two week high of $12.62. The firm has a 50 day simple moving average of $12.10 and a two-hundred day simple moving average of $12.09.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. purchased 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Tuesday, October 29th. The stock was acquired at an average cost of $12.01 per share, for a total transaction of $126,909.67. Following the purchase, the insider now directly owns 1,843,121 shares of the company’s stock, valued at $22,135,883.21. This trade represents a 0.58 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders purchased 176,584 shares of company stock valued at $2,121,373.