Pioneer High Income Trust (NYSE:PHT) to Issue Monthly Dividend of $0.07

Pioneer High Income Trust (NYSE:PHT) announced a monthly dividend on Wednesday, February 7th, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be paid a dividend of 0.065 per share by the closed-end fund on Wednesday, February 28th. This represents a $0.78 annualized dividend and a yield of 8.25%. The ex-dividend date of this dividend is Thursday, February 15th.

Pioneer High Income Trust has decreased its dividend payment by an average of 24.3% per year over the last three years.

Shares of Pioneer High Income Trust (NYSE PHT) traded up $0.01 during midday trading on Thursday, reaching $9.46. 7,039 shares of the company traded hands, compared to its average volume of 133,261. Pioneer High Income Trust has a 1-year low of $9.34 and a 1-year high of $10.12.

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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.

Dividend History for Pioneer High Income Trust (NYSE:PHT)

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