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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) announced a monthly dividend on Wednesday, November 6th, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.05 per share on Friday, November 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend is Friday, November 15th.

Pioneer Municipal High Income Opportunities Fund Trading Down 2.2 %

Pioneer Municipal High Income Opportunities Fund stock traded down $0.26 during mid-day trading on Wednesday, hitting $11.82. 121,946 shares of the company’s stock were exchanged, compared to its average volume of 36,358. Pioneer Municipal High Income Opportunities Fund has a 1-year low of $9.73 and a 1-year high of $12.62. The stock has a 50 day moving average of $12.28 and a two-hundred day moving average of $11.86.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. purchased 2,461 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction that occurred on Thursday, October 31st. The stock was bought at an average price of $12.08 per share, for a total transaction of $29,728.88. Following the completion of the transaction, the insider now owns 1,845,582 shares in the company, valued at $22,294,630.56. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have bought 49,327 shares of company stock worth $596,451 over the last ninety days.