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

Pioneer High Income Fund, Inc. (NYSE:PHT) announced a monthly dividend on Wednesday, November 6th, Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.055 per share by the closed-end fund on Friday, November 29th. This represents a $0.66 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date of this dividend is Friday, November 15th.

Pioneer High Income Fund Stock Performance

PHT stock traded up $0.03 during mid-day trading on Wednesday, hitting $7.79. The stock had a trading volume of 67,040 shares, compared to its average volume of 77,074. Pioneer High Income Fund has a 1-year low of $6.81 and a 1-year high of $8.04. The company has a fifty day moving average of $7.89 and a 200 day moving average of $7.66.

Pioneer High Income Fund Company Profile

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.