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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Monday, April 7th, Wall Street Journal reports. Investors of record on Thursday, April 17th will be paid a dividend of 0.05 per share on Thursday, May 1st. This represents a $0.60 annualized dividend and a yield of 5.15%. The ex-dividend date is Thursday, April 17th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend payment by an average of 50.3% annually over the last three years.

Pioneer Municipal High Income Opportunities Fund Stock Down 1.4 %

Shares of MIO traded down $0.16 during trading hours on Monday, reaching $11.65. The stock had a trading volume of 52,074 shares, compared to its average volume of 32,884. Pioneer Municipal High Income Opportunities Fund has a 12 month low of $10.95 and a 12 month high of $12.62. The company’s 50-day moving average is $12.04 and its two-hundred day moving average is $12.10.

Insider Buying and Selling at Pioneer Municipal High Income Opportunities Fund

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. purchased 2,769 shares of the firm’s stock in a transaction on Wednesday, January 8th. The stock was purchased at an average cost of $12.00 per share, for a total transaction of $33,228.00. Following the transaction, the insider now owns 2,089,157 shares in the company, valued at $25,069,884. The trade was a 0.13 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last three months, insiders bought 24,449 shares of company stock worth $291,391.