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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend is Wednesday, January 15th.

Pioneer Municipal High Income Opportunities Fund has raised its dividend by an average of 69.4% per year over the last three years.

Pioneer Municipal High Income Opportunities Fund Stock Down 0.4 %

Shares of Pioneer Municipal High Income Opportunities Fund stock opened at $12.02 on Wednesday. The stock’s fifty day moving average is $12.10 and its 200-day moving average is $12.10. Pioneer Municipal High Income Opportunities Fund has a 12-month low of $10.48 and a 12-month high of $12.62.

Insider Activity

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. purchased 10,567 shares of the stock in a transaction dated Tuesday, October 29th. The shares were acquired at an average price of $12.01 per share, for a total transaction of $126,909.67. Following the completion of the acquisition, the insider now owns 1,843,121 shares of the company’s stock, valued at $22,135,883.21. This represents a 0.58 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have acquired 176,584 shares of company stock worth $2,121,373.