Market Overview

Ex-Dividend Date Insight: Pioneer Muni High Inc


Pioneer Muni High Inc (NYSE: MAV) declared a dividend payable on November 30, 2020 to its shareholders as of November 6, 2020. It was also announced that shareholders of Pioneer Muni High Inc's stock as of November 17, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Pioneer Muni High Inc has an ex-dividend date planned for November 16, 2020. The company's current dividend payout sits at $0.05. That equates to a dividend yield of 5.66% at current price levels.

What Are Ex-Dividend Dates?

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding Pioneer Muni High Inc's Dividend Performance

Over the past year, Pioneer Muni High Inc has seen its dividend payouts and yields climb upward overall. Last year (July 20, 2020), the company's payout sat at $0.04, which has since increased by $0.01. Pioneer Muni High Inc's dividend yield last year was 4.83%, which has since grown by 0.83%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Pioneer Muni High Inc's previous dividends.


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Posted-In: Dividends