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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be given a dividend of 0.05 per share on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date is Tuesday, February 18th.

Pioneer Municipal High Income Opportunities Fund has raised 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 $12.10 on Friday. Pioneer Municipal High Income Opportunities Fund has a one year low of $10.90 and a one year high of $12.62. The firm’s fifty day moving average is $12.01 and its two-hundred day moving average is $12.14.

Insider Transactions at Pioneer Municipal High Income Opportunities Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 12,400 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were acquired at an average cost of $12.17 per share, for a total transaction of $150,908.00. Following the completion of the purchase, the insider now directly owns 1,887,834 shares in the company, valued at $22,974,939.78. The trade was a 0.66 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought a total of 172,531 shares of company stock worth $2,067,672 over the last ninety days.