Pioneer Municipal High Income Fund, Inc. Plans Dividend of $0.04 (NYSE:MHI)

Pioneer Municipal High Income Fund, Inc. (NYSE:MHI) declared a dividend on Thursday, October 3rd, NASDAQ reports. Stockholders of record on Friday, October 18th will be given a dividend of 0.035 per share by the investment management company on Thursday, October 31st. The ex-dividend date of this dividend is Friday, October 18th.

Pioneer Municipal High Income Fund Stock Performance

Shares of NYSE:MHI traded down $0.06 on Friday, reaching $9.54. 34,221 shares of the company were exchanged, compared to its average volume of 62,328. Pioneer Municipal High Income Fund has a 1-year low of $6.93 and a 1-year high of $9.72. The company has a 50-day moving average of $9.48 and a 200-day moving average of $9.10.

Insider Transactions at Pioneer Municipal High Income Fund

In other Pioneer Municipal High Income Fund news, major shareholder Saba Capital Management, L.P. acquired 4,360 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average cost of $9.43 per share, with a total value of $41,114.80. Following the purchase, the insider now owns 3,610,614 shares in the company, valued at approximately $34,048,090.02. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased a total of 145,789 shares of company stock valued at $1,359,405 in the last ninety days.

About Pioneer Municipal High Income Fund

Pioneer Municipal High Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in municipal securities. It seeks to invest in securities across the credit rating and maturity spectrum.