Ex-Div Reminder For Pioneer Municipal High Income Trust (MHI)

Looking at the universe of stocks we cover at Dividend Channel, on 4/12/13, Pioneer Municipal High Income Trust (MHI) MHI will trade ex-dividend, for its monthly dividend of $0.095, payable on 4/30/13. As a percentage of MHI's recent stock price of $15.90, this dividend works out to approximately 0.60%, so look for shares of Pioneer Municipal High Income Trust to trade 0.60% lower — all else being equal — when MHI shares open for trading on 4/12/13.

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Below is a dividend history chart for MHI, showing historical dividends prior to the most recent $0.095 declared by Pioneer Municipal High Income Trust:

MHI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MHI is likely to continue, and whether the current estimated yield of 7.17% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Pioneer Municipal High Income Trust shares are currently trading flat on the day.

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