Pioneer Municipal High Income Fund (MHI) has announced a monthly dividend of $0.035 per share, payable on Jun 30, 2025, with an ex-dividend date of Jun 18, 2025, and an announcement date of Jun 4, 2025. Compared to the average dividend per share of the last ten distributions, which was approximately $0.069, the current dividend is lower. This dividend, like the previous one paid on May 30, 2025, is a cash dividend.
Recently, there have been notable developments surrounding Pioneer Municipal High Income Fund.
Corp
has increased its holdings in MHI by 6.5% during the fourth quarter, as indicated by recent SEC filings. The firm now owns 34,955 shares, valued at approximately $324,000. Additionally, several other institutional investors have adjusted their positions in MHI. Daner Wealth Management LLC and Noble Wealth Management PBC have acquired new stakes, while Blue Bell Private Wealth Management LLC and Stifel Financial Corp have increased their holdings. Particularly noteworthy is Garden State Investment Advisory Services LLC, which grew its stake by 29.4%.
Furthermore, the fund's stock performance has been under scrutiny. MHI stock opened at $9.14, with a yearly low of $8.63 and a high of $9.74. The fund’s recent dividend announcement and its focus on municipal securities across various credit ratings and maturities are pivotal factors influencing its market performance.
In conclusion, Pioneer Municipal High Income Fund is witnessing dynamic shifts in investor interest and stock performance. Investors should take note that Jun 18, 2025, marks the ex-dividend date, the last day to purchase shares and receive the upcoming dividend. Any acquisitions after this date will not entitle investors to the dividend payout.
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