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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. It was formerly known as Pioneer Municipal Advantage Trust. Pioneer Municipal High Income Advantage Fund, Inc. was formed on August 6, 2003 and is domiciled in the United States.

Pioneer Municipal High Income Advantage Fund Dividend Announcement

Pioneer Municipal High Income Advantage Fund announced a monthly dividend of $0.03 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-12-12
Pioneer Municipal High Income Advantage Fund annual dividend for 2024 was $0.38
Pioneer Municipal High Income Advantage Fund annual dividend for 2023 was $0.37
Pioneer Municipal High Income Advantage Fund's trailing twelve-month (TTM) dividend yield is 4.23%
Pioneer Municipal High Income Advantage Fund's payout ratio for the trailing twelve months (TTM) is 218.08%
Pioneer Municipal High Income Advantage Fund's dividend growth over the last five years (2018-2023) was -9.88% year
Pioneer Municipal High Income Advantage Fund's dividend growth over the last ten years (2013-2023) was -10.53% year

Pioneer Municipal High Income Advantage Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-12$0.03monthly2024-12-19
2024-11-15$0.03monthly2024-11-29
2024-10-18$0.03monthly2024-10-31
2024-09-20$0.03monthly2024-09-30
2024-08-20$0.03monthly2024-08-30
2024-07-19$0.03monthly2024-07-31
2024-06-18$0.03monthly2024-06-28
2024-05-16$0.03monthly2024-05-31
2024-04-18$0.03monthly2024-04-30
2024-03-14$0.03monthly2024-04-01
2024-02-15$0.03monthly2024-02-29
2024-01-18$0.03monthly2024-01-31
2023-12-11$0.03monthly2023-12-19
2023-11-15$0.03monthly2023-11-30
2023-10-17$0.03monthly2023-10-31
2023-09-19$0.03monthly2023-09-29
2023-08-17$0.03monthly2023-08-31
2023-07-20$0.03monthly2023-07-31
2023-06-15$0.03monthly2023-06-30
2023-05-17$0.03monthly2023-05-31
2023-04-18$0.03monthly2023-04-28
2023-03-16$0.03monthly2023-04-03
2023-02-16$0.03monthly2023-02-28
2023-01-18$0.04monthly2023-01-31
2022-12-12$0.04monthly2022-12-19
2022-11-15$0.04monthly2022-11-30
2022-10-17$0.04monthly2022-10-31
2022-09-19$0.04monthly2022-09-30
2022-08-17$0.04monthly2022-08-31
2022-07-20$0.04monthly2022-07-29
2022-06-15$0.04monthly2022-06-30
2022-05-17$0.04monthly2022-05-31
2022-04-18$0.04monthly2022-04-29
2022-03-16$0.04monthly2022-04-01
2022-02-17$0.04monthly2022-02-28
2022-01-18$0.04monthly2022-01-31
2021-12-10$0.04monthly2021-12-20
2021-11-16$0.04monthly2021-11-30
2021-10-18$0.04monthly2021-10-29
2021-09-15$0.04monthly2021-09-30
2021-08-18$0.04monthly2021-08-31
2021-07-20$0.05monthly2021-07-30
2021-06-16$0.05monthly2021-06-30
2021-05-18$0.05monthly2021-05-28
2021-04-16$0.05monthly2021-04-30
2021-03-17$0.05monthly2021-03-31
2021-02-17$0.05monthly2021-02-26
2021-01-19$0.05monthly2021-01-29
2020-12-10$0.05monthly2020-12-18
2020-11-16$0.05monthly2020-11-30
2020-10-15$0.04monthly2020-10-30
2020-09-15$0.04monthly2020-09-30
2020-08-18$0.04monthly2020-08-31
2020-07-20$0.04monthly2020-07-31
2020-06-16$0.04monthly2020-06-30
2020-05-18$0.04monthly2020-05-29
2020-04-15$0.04monthly2020-04-30
2020-03-17$0.04monthly2020-03-31
2020-02-18$0.04monthly2020-02-28
2020-01-17$0.04monthly2020-01-31
2019-12-12$0.04monthly2019-12-17
2019-11-18$0.04monthly2019-11-29
2019-10-16$0.04monthly2019-10-31
2019-09-17$0.04monthly2019-09-30
2019-08-19$0.04monthly2019-08-30
2019-07-15$0.04monthly2019-07-31
2019-06-17$0.04monthly2019-06-28
2019-05-15$0.04monthly2019-05-31
2019-04-16$0.04monthly2019-04-30
2019-03-18$0.04monthly2019-03-29
2019-02-19$0.04monthly2019-02-28
2019-01-17$0.05monthly2019-01-31
2018-12-12$0.05monthly2018-12-20
2018-11-15$0.05monthly2018-11-30
2018-10-16$0.05monthly2018-10-31
2018-09-17$0.05monthly2018-09-28
2018-08-16$0.05monthly2018-08-31
2018-07-16$0.05monthly2018-07-31
2018-06-14$0.05monthly2018-06-29
2018-05-15$0.05monthly2018-05-31
2018-04-17$0.05monthly2018-04-30
2018-03-13$0.05monthly2018-03-29
2018-02-15$0.05monthly2018-02-28
2018-01-17$0.05monthly2018-01-31
2017-12-13$0.05monthly2017-12-18
2017-11-15$0.05monthly2017-11-30
2017-10-17$0.05monthly2017-10-31
2017-09-15$0.05monthly2017-09-29
2017-08-16$0.05monthly2017-08-31
2017-07-14$0.05monthly2017-07-31
2017-06-13$0.05monthly2017-06-30
2017-05-15$0.05monthly2017-05-31
2017-04-17$0.05monthly2017-04-28
2017-03-13$0.05monthly2017-03-31
2017-02-14$0.05monthly2017-02-28
2017-01-17$0.05monthly2017-01-31
2016-12-12$0.06monthly2016-12-19
2016-11-14$0.06monthly2016-11-30
2016-10-14$0.06monthly2016-10-31
2016-09-14$0.06monthly2016-09-30
2016-08-16$0.06monthly2016-08-31
2016-07-14$0.07monthly2016-07-29
2016-06-13$0.07monthly2016-06-30
2016-05-16$0.07monthly2016-05-31
2016-04-13$0.07monthly2016-04-29
2016-03-14$0.07monthly2016-03-31
2016-02-16$0.07monthly2016-02-29
2016-01-13$0.08monthly2016-01-29
2015-12-10$0.08monthly2015-12-18
2015-11-16$0.08monthly2015-11-30
2015-10-14$0.08monthly2015-10-30
2015-09-15$0.08monthly2015-09-30
2015-08-14$0.08monthly2015-08-31
2015-07-15$0.08monthly2015-07-31
2015-06-15$0.08monthly2015-06-30
2015-05-15$0.08monthly2015-05-29
2015-04-13$0.10monthly2015-04-30
2015-03-13$0.10monthly2015-03-31
2015-02-17$0.10monthly2015-02-27
2015-01-13$0.10monthly2015-01-30
2014-12-10$0.10monthly2014-12-18
2014-11-13$0.10monthly2014-11-28
2014-10-14$0.10monthly2014-10-31
2014-09-15$0.10monthly2014-09-30
2014-08-14$0.10monthly2014-08-29
2014-07-14$0.10monthly2014-07-31
2014-06-13$0.10monthly2014-06-30
2014-05-15$0.10monthly2014-05-30
2014-04-14$0.10monthly2014-04-30
2014-03-14$0.10monthly2014-03-31
2014-02-18$0.10monthly2014-02-28
2014-01-15$0.10monthly2014-01-31
2013-12-11$0.10monthly2013-12-19
2013-11-14$0.10monthly2013-11-29
2013-10-15$0.10monthly2013-10-31
2013-09-13$0.10monthly2013-09-30
2013-08-14$0.10monthly2013-08-30
2013-07-12$0.10monthly2013-07-31
2013-06-13$0.10monthly2013-06-28
2013-05-14$0.10monthly2013-05-31
2013-04-12$0.10monthly2013-04-30
2013-03-14$0.10monthly2013-03-28
2013-02-13$0.10monthly2013-02-28
2013-01-16$0.10monthly2013-01-31

Pioneer Municipal High Income Advantage Fund Dividend per year

Pioneer Municipal High Income Advantage Fund Dividend growth

Pioneer Municipal High Income Advantage Fund Dividend Yield

Pioneer Municipal High Income Advantage Fund current trailing twelve-month (TTM) dividend yield is 4.23%. Interested in purchasing Pioneer Municipal High Income Advantage Fund stock? Use our calculator to estimate your expected dividend yield:

Pioneer Municipal High Income Advantage Fund Financial Ratios

P/E ratio54.78
PEG ratio3.76
P/B ratio0.96
ROE1.51%
Payout ratio218.08%
Current ratio4.94
Quick ratio4.94
Cash Ratio0.12

Pioneer Municipal High Income Advantage Fund Dividend FAQ

How much is the next Pioneer Municipal High Income Advantage Fund dividend?
Pioneer Municipal High Income Advantage Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Pioneer Municipal High Income Advantage Fund dividend. The next Pioneer Municipal High Income Advantage Fund dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is Pioneer Municipal High Income Advantage Fund dividend paid?
Pioneer Municipal High Income Advantage Fund pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Pioneer Municipal High Income Advantage Fund pay?
The specific amount of Pioneer Municipal High Income Advantage Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pioneer Municipal High Income Advantage Fund's dividend history.
Does Pioneer Municipal High Income Advantage Fund stock pay dividends?
Yes, Pioneer Municipal High Income Advantage Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Pioneer Municipal High Income Advantage Fund's dividend history.
How much dividend does Pioneer Municipal High Income Advantage Fund pay?
Pioneer Municipal High Income Advantage Fund paid $0.379 in 2024, $0.374 in 2023, $0.5 in 2022, $0.561 in 2021, and $0.518 in 2020.
How often does Pioneer Municipal High Income Advantage Fund pay dividends?
Pioneer Municipal High Income Advantage Fund typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is Pioneer Municipal High Income Advantage Fund's dividend yield?
The current dividend yield for Pioneer Municipal High Income Advantage Fund is 4.23%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Pioneer Municipal High Income Advantage Fund's exact dividend yield.
When does Pioneer Municipal High Income Advantage Fund go ex dividend?
Pioneer Municipal High Income Advantage Fund's ex-dividend date for the latest dividend was on 2024-12-12. Pioneer Municipal High Income Advantage Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Pioneer Municipal High Income Advantage Fund dividend paid?
Pioneer Municipal High Income Advantage Fund pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will Pioneer Municipal High Income Advantage Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Pioneer Municipal High Income Advantage Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Pioneer Municipal High Income Advantage Fund dividend per share?
Pioneer Municipal High Income Advantage Fund paid $0.379 per share in 2024 and $0.374 per share in 2023. The amount of dividend per share that Pioneer Municipal High Income Advantage Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Pioneer Municipal High Income Advantage Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Pioneer Municipal High Income Advantage Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Pioneer Municipal High Income Advantage Fund a dividend stock?
Yes, Pioneer Municipal High Income Advantage Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Pioneer Municipal High Income Advantage Fund a good dividend stock?
Whether Pioneer Municipal High Income Advantage Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Pioneer Municipal High Income Advantage Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Pioneer Municipal High Income Advantage Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Pioneer Municipal High Income Advantage Fund pay dividends monthly?
Pioneer Municipal High Income Advantage Fund typically pays dividends on a monthly basis.
Does Pioneer Municipal High Income Advantage Fund pay dividends quarterly?
Pioneer Municipal High Income Advantage Fund currently pays dividends on a monthly basis.
Has Pioneer Municipal High Income Advantage Fund ever paid a dividend?
Yes, Pioneer Municipal High Income Advantage Fund has a history of paying dividends to its shareholders. Pioneer Municipal High Income Advantage Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Pioneer Municipal High Income Advantage Fund dividend stocks?
To buy Pioneer Municipal High Income Advantage Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Pioneer Municipal High Income Advantage Fund stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Pioneer Municipal High Income Advantage Fund pay dividends 2024?
Pioneer Municipal High Income Advantage Fund pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Pioneer Municipal High Income Advantage Fund increase its dividend in 2024?
Decisions regarding Pioneer Municipal High Income Advantage Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Pioneer Municipal High Income Advantage Fund dividend overview you can look into the above table of dividend history.
How Pioneer Municipal High Income Advantage Fund dividend works?
The Pioneer Municipal High Income Advantage Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Pioneer Municipal High Income Advantage Fund's dividend process works:

1. Determination of Dividend: Pioneer Municipal High Income Advantage Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Pioneer Municipal High Income Advantage Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Pioneer Municipal High Income Advantage Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Pioneer Municipal High Income Advantage Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Pioneer Municipal High Income Advantage Fund dividends paid?
Pioneer Municipal High Income Advantage Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Pioneer Municipal High Income Advantage Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Pioneer Municipal High Income Advantage Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Pioneer Municipal High Income Advantage Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Pioneer Municipal High Income Advantage Fund pay dividends?
Pioneer Municipal High Income Advantage Fund typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Pioneer Municipal High Income Advantage Fund pay dividends?
The general pattern is that Pioneer Municipal High Income Advantage Fund pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Pioneer Municipal High Income Advantage Fund dividend safe?
The safety of Pioneer Municipal High Income Advantage Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Pioneer Municipal High Income Advantage Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Pioneer Municipal High Income Advantage Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.