Pioneer Muni High Inc: Dividend Insights
Portfolio Pulse from Benzinga Insights
Pioneer Muni High Inc (NYSE:MAV) announced a monthly dividend of 2.75 cents per share, with the ex-dividend date set for Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the payout, which will be distributed on February 29, 2024.
February 12, 2024 | 2:45 pm
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Pioneer Muni High Inc announced a monthly dividend of 2.75 cents per share, with the ex-dividend date this Thursday. Eligible shareholders will receive the payout on February 29, 2024.
Dividend announcements typically have a neutral to slightly positive impact on stock prices in the short term. However, since the dividend amount is relatively small and such payouts are expected for income stocks, the immediate impact on MAV's stock price is likely to be minimal. The ex-dividend date effect, where the stock price adjusts for the dividend payout, is a standard market mechanism and does not indicate a fundamental change in the company's value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100