Pioneer Municipal High Inc (MAV) to Issue Monthly Dividend of $0.05 on January 31st
Pioneer Municipal High Inc (NYSE:MAV) declared a monthly dividend on Tuesday, January 8th, Wall Street Journal reports. Investors of record on Friday, January 18th will be given a dividend of 0.0525 per share on Thursday, January 31st. This represents a $0.63 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date is Thursday, January 17th.
Pioneer Municipal High has decreased its dividend by an average of 14.8% per year over the last three years.
NYSE:MAV opened at $10.78 on Friday. Pioneer Municipal High has a 52-week low of $10.01 and a 52-week high of $11.39.
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Pioneer Municipal High Income Advantage Trust is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.
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