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 Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.05 per share on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Tuesday, February 18th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend by an average of 50.8% annually over the last three years.

Pioneer Municipal High Income Opportunities Fund Price Performance

MIO stock remained flat at $12.09 during trading on Thursday. The company had a trading volume of 7,758 shares, compared to its average volume of 21,690. Pioneer Municipal High Income Opportunities Fund has a 1 year low of $10.75 and a 1 year high of $12.62. The company has a fifty day simple moving average of $12.05 and a 200-day simple moving average of $12.13.

Insider Transactions at Pioneer Municipal High Income Opportunities Fund

In related news, major shareholder Saba Capital Management, L.P. acquired 2,829 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Friday, January 31st. The stock was purchased at an average price of $12.00 per share, for a total transaction of $33,948.00. Following the completion of the purchase, the insider now directly owns 2,113,637 shares of the company’s stock, valued at approximately $25,363,644. This trade represents a 0.13 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders bought 182,752 shares of company stock worth $2,192,354.