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

Pioneer Municipal High Income Opportunities Fund, Inc. (NYSE:MIO) declared a monthly dividend on Tuesday, November 5th, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.05 per share on Friday, November 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend is Friday, November 15th.

Pioneer Municipal High Income Opportunities Fund Stock Performance

Shares of NYSE MIO traded down $0.26 during mid-day trading on Wednesday, reaching $11.82. 121,946 shares of the company were exchanged, compared to its average volume of 36,358. Pioneer Municipal High Income Opportunities Fund has a 52 week low of $9.73 and a 52 week high of $12.62. The company’s 50 day moving average price is $12.28 and its 200 day moving average price is $11.86.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. acquired 11,768 shares of Pioneer Municipal High Income Opportunities Fund stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average cost of $12.12 per share, for a total transaction of $142,628.16. Following the transaction, the insider now owns 1,814,656 shares of the company’s stock, valued at $21,993,630.72. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders bought a total of 49,327 shares of company stock valued at $596,451 over the last 90 days.