Pioneer High Income Trust (NYSE:PHT) declared a monthly dividend on Thursday, September 5th, NASDAQ reports. Stockholders of record on Wednesday, September 18th will be paid a dividend of 0.068 per share by the closed-end fund on Monday, September 30th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date is Tuesday, September 17th.
Pioneer High Income Trust has decreased its dividend payment by an average of 17.8% per year over the last three years.
Shares of NYSE:PHT opened at $9.25 on Monday. Pioneer High Income Trust has a twelve month low of $7.76 and a twelve month high of $9.51. The stock’s 50 day moving average is $9.18 and its 200-day moving average is $9.14.
Pioneer High Income Trust 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. It seeks to invest in bonds that are rated BBB- or lower by Standard and Poor's or a similar national rating service.
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