Pioneer Municipal High Income Advantage Fund, Inc. Plans Monthly Dividend of $0.03 (NYSE:MAV)

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0325 per share on Friday, January 31st. This represents a $0.39 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date of this dividend is Wednesday, January 15th.

Pioneer Municipal High Income Advantage Fund has increased its dividend payment by an average of 2.6% per year over the last three years.

Pioneer Municipal High Income Advantage Fund Price Performance

MAV stock opened at $8.48 on Monday. The firm has a fifty day moving average price of $8.64 and a 200 day moving average price of $8.63. Pioneer Municipal High Income Advantage Fund has a fifty-two week low of $7.77 and a fifty-two week high of $9.10.

Pioneer Municipal High Income Advantage Fund Company Profile

Pioneer Municipal High Income Advantage Fund, Inc 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.