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

Pioneer High Income Fund, Inc. (NYSE:PHT) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.055 per share by the closed-end fund on Friday, January 31st. This represents a $0.66 annualized dividend and a dividend yield of 8.44%. The ex-dividend date of this dividend is Wednesday, January 15th.

Pioneer High Income Fund Stock Performance

Pioneer High Income Fund stock traded up $0.01 during mid-day trading on Monday, hitting $7.82. 97,379 shares of the company were exchanged, compared to its average volume of 83,554. Pioneer High Income Fund has a 12-month low of $7.10 and a 12-month high of $8.04. The business’s 50 day simple moving average is $7.83 and its two-hundred day simple moving average is $7.78.

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.