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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 4.97%. 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 Trading Up 0.6 %

NYSE MIO traded up $0.07 during trading on Monday, hitting $12.07. The stock had a trading volume of 17,079 shares, compared to its average volume of 12,883. Pioneer Municipal High Income Opportunities Fund has a 12 month low of $10.48 and a 12 month high of $12.62. The company’s 50-day moving average price is $12.10 and its two-hundred day moving average price is $12.09.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. acquired 32,911 shares of the firm’s stock in a transaction dated Thursday, December 26th. The stock was bought at an average price of $11.85 per share, for a total transaction of $389,995.35. Following the acquisition, the insider now directly owns 2,051,327 shares of the company’s stock, valued at approximately $24,308,224.95. The trade was a 1.63 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired 176,584 shares of company stock worth $2,121,373 over the last ninety days.