Cash Dividend On The Way From Pioneer High Income Trust (PHT)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/14, Pioneer High Income Trust ( PHT) will trade ex-dividend, for its monthly dividend of $0.1375, payable on 8/29/14. As a percentage of PHT's recent stock price of $17.76, this dividend works out to approximately 0.77%, so look for shares of Pioneer High Income Trust to trade 0.77% lower — all else being equal — when PHT shares open for trading on 8/14/14.

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Below is a dividend history chart for PHT, showing historical dividends prior to the most recent $0.1375 declared by Pioneer High Income Trust:

PHT+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 PHT is likely to continue, and whether the current estimated yield of 9.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PHT shares, versus its 200 day moving average:

Pioneer High Income Trust 200 Day Moving Average Chart

Looking at the chart above, PHT's low point in its 52 week range is $16.10 per share, with $18.60 as the 52 week high point — that compares with a last trade of $17.76.

In Tuesday trading, Pioneer High Income Trust shares are currently off about 0.2% on the day.

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