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

Pioneer High Income Fund, Inc. (NYSE:PHT) declared a monthly dividend on Wednesday, February 5th,Wall Street Journal reports. Stockholders of record on Tuesday, February 18th will be paid a dividend of 0.055 per share by the closed-end fund on Friday, February 28th. This represents a $0.66 annualized dividend and a dividend yield of 8.31%. The ex-dividend date is Tuesday, February 18th.

Pioneer High Income Fund Price Performance

Shares of PHT stock opened at $7.94 on Friday. The company’s 50-day moving average price is $7.84 and its 200-day moving average price is $7.83. Pioneer High Income Fund has a twelve month low of $7.21 and a twelve month high of $8.04.

About Pioneer High Income Fund

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.