Pioneer Municipal High: Dividend Insights
Portfolio Pulse from Benzinga Insights
Pioneer Municipal High (NYSE:MIO) has announced a monthly dividend of 4.25 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders who own MIO as of the end of Monday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.
October 12, 2023 | 2:45 pm
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Pioneer Municipal High (MIO) has announced a monthly dividend of 4.25 cents per share. The stock will likely trade lower on Tuesday to reflect the payout.
Dividend announcements typically lead to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. Therefore, it is expected that MIO's stock price will trade lower on Tuesday.
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