Pioneer Municipal High Inc to Issue Monthly Dividend of $0.04 (NYSE:MAV)

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Pioneer Municipal High Inc (NYSE:MAV) declared a monthly dividend on Wednesday, July 3rd, NASDAQ reports. Stockholders of record on Tuesday, July 16th will be given a dividend of 0.038 per share on Wednesday, July 31st. This represents a $0.46 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Monday, July 15th.

Pioneer Municipal High has decreased its dividend payment by an average of 14.8% annually over the last three years.

Pioneer Municipal High stock opened at $10.80 on Friday. Pioneer Municipal High has a one year low of $10.00 and a one year high of $11.29. The firm’s fifty day moving average price is $10.73.

Separately, Royal Bank of Canada upped their price objective on PVH to $145.00 and gave the company an “outperform” rating in a research report on Friday, March 29th.

About Pioneer Municipal High

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.

See Also: Earnings Reports

Dividend History for Pioneer Municipal High (NYSE:MAV)

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