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, June 4th, NASDAQ reports. Shareholders of record on Tuesday, June 18th will be given a dividend of 0.05 per share on Friday, June 28th. This represents a $0.60 annualized dividend and a yield of 5.13%. The ex-dividend date of this dividend is Tuesday, June 18th.

Pioneer Municipal High Income Opportunities Fund Stock Up 0.1 %

NYSE:MIO opened at $11.69 on Monday. The company’s 50 day moving average price is $11.27. Pioneer Municipal High Income Opportunities Fund has a 1-year low of $9.18 and a 1-year high of $11.70.

Insiders Place Their Bets

In other Pioneer Municipal High Income Opportunities Fund news, major shareholder Saba Capital Management, L.P. bought 6,399 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were purchased at an average cost of $11.46 per share, for a total transaction of $73,332.54. Following the transaction, the insider now directly owns 1,732,386 shares of the company’s stock, valued at $19,853,143.56. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders bought 16,099 shares of company stock worth $182,524.