Pioneer Municipal High Income Opportunities Fund, Inc. (MIO) to Issue Monthly Dividend of $0.05 on January 31st

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 given a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Wednesday, January 15th.

Pioneer Municipal High Income Opportunities Fund has increased its dividend by an average of 69.4% annually over the last three years.

Pioneer Municipal High Income Opportunities Fund Price Performance

NYSE MIO opened at $11.94 on Monday. Pioneer Municipal High Income Opportunities Fund has a one year low of $10.48 and a one year high of $12.62. The company’s 50-day simple moving average is $12.09 and its two-hundred day simple moving average is $12.11.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. acquired 2,461 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The stock was purchased at an average cost of $12.08 per share, for a total transaction of $29,728.88. Following the purchase, the insider now directly owns 1,845,582 shares of the company’s stock, valued at $22,294,630.56. This trade represents a 0.13 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last ninety days, insiders have acquired 179,353 shares of company stock worth $2,154,601.