Pioneer Municipal High Inc (MAV) to Issue Monthly Dividend of $0.05 on November 30th
Pioneer Municipal High Inc (NYSE:MAV) announced a monthly dividend on Monday, November 6th, Wall Street Journal reports. Investors of record on Thursday, November 16th will be given a dividend of 0.0525 per share on Thursday, November 30th. This represents a $0.63 annualized dividend and a dividend yield of 5.50%. The ex-dividend date of this dividend is Wednesday, November 15th. This is a positive change from Pioneer Municipal High’s previous monthly dividend of $0.05.
Pioneer Municipal High has decreased its dividend by an average of 10.7% per year over the last three years.
Shares of Pioneer Municipal High (MAV) opened at $11.46 on Friday. Pioneer Municipal High has a 52-week low of $10.61 and a 52-week high of $12.72.
Pioneer Municipal High Company Profile
Pioneer Municipal High Income Advantage Trust is a diversified, open-ended management investment company. The investment objective of the Fund is to provide reasonable income and capital growth. The Fund offers four classes of shares designated as Class A, Class C, Class R and Class Y shares. Each class of shares represents an interest in the same portfolio of investments of the Fund and has identical rights (based on relative net asset values) to assets and liquidation proceeds.
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