Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) Announces $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 Trading Up 0.6 %

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

Insider Activity at Pioneer Municipal High Income Opportunities Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 2,461 shares of the business’s stock in a transaction dated Thursday, October 31st. The shares were purchased at an average cost of $12.08 per share, for a total transaction of $29,728.88. Following the completion of the acquisition, the insider now owns 1,845,582 shares in the company, valued at approximately $22,294,630.56. This trade represents a 0.13 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have acquired a total of 176,584 shares of company stock valued at $2,121,373 over the last 90 days.