Pioneer High Income Fund, Inc. (NYSE:PHT) Plans Monthly Dividend of $0.06

Pioneer High Income Fund, Inc. (NYSE:PHT) declared a monthly dividend on Tuesday, August 6th, Wall Street Journal reports. Shareholders of record on Tuesday, August 20th will be given a dividend of 0.055 per share by the closed-end fund on Friday, August 30th. This represents a $0.66 dividend on an annualized basis and a yield of 8.70%. The ex-dividend date is Tuesday, August 20th.

Pioneer High Income Fund Stock Performance

NYSE:PHT traded up $0.01 during trading hours on Wednesday, reaching $7.59. 36,413 shares of the company were exchanged, compared to its average volume of 79,876. The stock’s 50-day moving average is $7.53 and its 200-day moving average is $7.47. Pioneer High Income Fund has a twelve month low of $6.41 and a twelve month high of $7.77.

Pioneer High Income Fund Company Profile

Pioneer High Income Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc It invests in fixed income markets of the United States. The fund primarily invests in below-investment-grade bonds, high-yield corporate bonds, and convertible securities.