Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Announces Dividend Increase – $0.05 Per Share

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Thursday, April 4th, Wall Street Journal reports. Stockholders of record on Friday, April 19th will be given a dividend of 0.05 per share on Wednesday, May 1st. This represents a $0.60 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Pioneer Municipal High Income Opportunities Fund’s previous monthly dividend of $0.05.

Pioneer Municipal High Income Opportunities Fund Stock Down 0.4 %

Shares of NYSE:MIO opened at $11.09 on Wednesday. Pioneer Municipal High Income Opportunities Fund has a 52 week low of $9.18 and a 52 week high of $11.36.

Insider Activity at Pioneer Municipal High Income Opportunities Fund

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. purchased 5,909 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were purchased at an average cost of $11.21 per share, for a total transaction of $66,239.89. Following the completion of the purchase, the insider now directly owns 1,725,979 shares in the company, valued at $19,348,224.59. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.