Pioneer Municipal High Income Opportunities Fund, Inc. (MIO) to Issue Monthly Dividend of $0.05 on March 31st

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.05 per share on Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 4.94%. The ex-dividend date is Friday, March 14th.

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

Pioneer Municipal High Income Opportunities Fund Stock Performance

NYSE MIO opened at $12.14 on Thursday. Pioneer Municipal High Income Opportunities Fund has a 52 week low of $10.95 and a 52 week high of $12.62. The business has a 50 day moving average price of $12.01 and a 200-day moving average price of $12.15.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. purchased 32,911 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The stock was acquired at an average price of $11.85 per share, for a total transaction of $389,995.35. Following the completion of the acquisition, the insider now owns 2,051,327 shares of the company’s stock, valued at $24,308,224.95. This represents a 1.63 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders bought a total of 143,790 shares of company stock worth $1,719,127 over the last quarter.