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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors 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 annualized dividend and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

Pioneer Municipal High Income Opportunities Fund Stock Up 0.6 %

NYSE MIO opened at $12.07 on Tuesday. The stock has a 50-day moving average of $12.10 and a two-hundred day moving average of $12.09. Pioneer Municipal High Income Opportunities Fund has a 1-year low of $10.48 and a 1-year high of $12.62.

Insider Activity at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. acquired 10,567 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction on Tuesday, October 29th. The stock was bought at an average price of $12.01 per share, for a total transaction of $126,909.67. Following the completion of the purchase, the insider now owns 1,843,121 shares in the company, valued at $22,135,883.21. This represents a 0.58 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders acquired 176,584 shares of company stock valued at $2,121,373 over the last three months.