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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.05 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a 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 Price Performance

Shares of MIO opened at $12.14 on Thursday. The stock’s 50-day simple moving average is $12.01 and its 200 day simple moving average is $12.15. Pioneer Municipal High Income Opportunities Fund has a 52-week low of $10.95 and a 52-week high of $12.62.

Insider Buying and Selling

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. bought 2,769 shares of the firm’s stock in a transaction on Wednesday, January 8th. The shares were acquired at an average cost of $12.00 per share, for a total transaction of $33,228.00. Following the purchase, the insider now directly owns 2,089,157 shares of the company’s stock, valued at $25,069,884. The trade was a 0.13 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have purchased 143,790 shares of company stock valued at $1,719,127.