Pioneer Municipal High Income Advantage Fund, Inc. Announces Monthly Dividend of $0.03 (NYSE:MAV)

Pioneer Municipal High Income Advantage Fund, Inc. (NYSE:MAV) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.0325 per share on Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Friday, March 14th.

Pioneer Municipal High Income Advantage Fund has decreased its dividend payment by an average of 0.8% per year over the last three years.

Pioneer Municipal High Income Advantage Fund Stock Down 0.2 %

Shares of MAV opened at $8.63 on Thursday. Pioneer Municipal High Income Advantage Fund has a twelve month low of $7.77 and a twelve month high of $9.10. The company has a 50 day moving average of $8.56 and a 200-day moving average of $8.67.

About Pioneer Municipal High Income Advantage Fund

Pioneer Municipal High Income Advantage Fund, Inc is a closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. The fund benchmarks the performance of its portfolio against the Barclays Capital High Yield Municipal Bond Index and the Barclays Capital Municipal Bond Index.