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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIOGet Free Report) announced a monthly dividend on Wednesday, March 5th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.05 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Friday, March 14th.

Pioneer Municipal High Income Opportunities Fund has raised its dividend by an average of 50.3% per year over the last three years.

Pioneer Municipal High Income Opportunities Fund Price Performance

NYSE MIO traded up $0.11 during trading on Wednesday, reaching $12.14. The company’s stock had a trading volume of 33,299 shares, compared to its average volume of 24,326. The firm has a fifty day moving average of $12.01 and a 200 day moving average of $12.15. Pioneer Municipal High Income Opportunities Fund has a one year low of $10.95 and a one year high of $12.62.

Insider Transactions at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 7,505 shares of the stock in a transaction on Thursday, December 12th. The shares were acquired at an average price of $12.18 per share, for a total transaction of $91,410.90. Following the completion of the transaction, the insider now directly owns 1,933,415 shares of the company’s stock, valued at approximately $23,548,994.70. This trade represents a 0.39 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 143,790 shares of company stock valued at $1,719,127.

See Also

Dividend History for Pioneer Municipal High Income Opportunities Fund (NYSE:MIO)

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