Pioneer High Income Trust (NYSE:PHT) announced a monthly dividend on Tuesday, December 5th, Wall Street Journal reports. Shareholders of record on Thursday, December 14th will be given a dividend of 0.065 per share by the closed-end fund on Monday, December 18th. This represents a $0.78 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date of this dividend is Wednesday, December 13th.
Pioneer High Income Trust has decreased its dividend by an average of 13.2% annually over the last three years.
Pioneer High Income Trust (NYSE:PHT) traded down $0.04 during trading on Wednesday, reaching $9.74. 101,000 shares of the company’s stock were exchanged, compared to its average volume of 116,854. Pioneer High Income Trust has a 12 month low of $9.47 and a 12 month high of $10.54.
Pioneer High Income Trust Company Profile
Pioneer High Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to seek a high level of current income and to seek capital appreciation. The Trust seeks to invest in corporate bonds and notes, senior secured floating rate loan interests, convertible bonds and notes, preferred stocks, common stocks, sovereign debt obligations, collateralized mortgage obligations, asset-backed securities and convertible preferred stocks, among others.
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