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Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Dividend Yield % : 4.29% (As of May. 12, 2024)


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What is Pioneer Muni Highome Advantage Tr Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Pioneer Muni Highome Advantage Tr is 4.29%.

Warning Sign:

Pioneer Muni High Income Advantage Tr stock dividend yield is close to 3-year low.

The historical rank and industry rank for Pioneer Muni Highome Advantage Tr's Dividend Yield % or its related term are showing as below:

MAV' s Dividend Yield % Range Over the Past 10 Years
Min: 3.76   Med: 5.61   Max: 7.63
Current: 4.29

During the past 6 years, the highest Dividend Yield of Pioneer Muni Highome Advantage Tr was 7.63%. The lowest was 3.76%. And the median was 5.61%.

MAV's Dividend Yield % is ranked worse than
64.61% of 1215 companies
in the Asset Management industry
Industry Median: 5.57 vs MAV: 4.29

Pioneer Muni Highome Advantage Tr's Dividend Payout Ratio for the six months ended in Sep. 2023 was 0.00.

During the past 6 years, the highest Dividend Payout Ratio of Pioneer Muni Highome Advantage Tr was 1.37. The lowest was 0.61. And the median was 0.75.

As of today (2024-05-12), the Forward Dividend Yield % of Pioneer Muni Highome Advantage Tr is 4.84%.

Pioneer Muni Highome Advantage Tr's Dividends per Share for the six months ended in Sep. 2023 was $0.17.

During the past 12 months, Pioneer Muni Highome Advantage Tr's average Dividends Per Share Growth Rate was -16.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.90% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Pioneer Muni Highome Advantage Tr was 2.40% per year. The lowest was -5.30% per year. And the median was -2.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Pioneer Muni Highome Advantage Tr Dividend Yield % Historical Data

The historical data trend for Pioneer Muni Highome Advantage Tr's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pioneer Muni Highome Advantage Tr Dividend Yield % Chart

Pioneer Muni Highome Advantage Tr Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial 5.67 4.52 4.76 5.32 5.99

Pioneer Muni Highome Advantage Tr Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 5.32 6.46 5.99 6.31

Competitive Comparison of Pioneer Muni Highome Advantage Tr's Dividend Yield %

For the Asset Management subindustry, Pioneer Muni Highome Advantage Tr's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pioneer Muni Highome Advantage Tr's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Muni Highome Advantage Tr's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Pioneer Muni Highome Advantage Tr's Dividend Yield % falls into.



Pioneer Muni Highome Advantage Tr Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Pioneer Muni Highome Advantage Tr Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0325002024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0310002024-03-142024-03-152024-04-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002024-01-182024-01-192024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002023-12-112023-12-122023-12-19Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002023-11-152023-11-162023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002023-10-172023-10-182023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002023-09-192023-09-202023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0275002023-08-172023-08-182023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0300002023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0300002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0300002023-05-172023-05-182023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Pioneer Muni Highome Advantage Tr's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.346/8.06
=4.29 %

Current Share Price is $8.06.
Pioneer Muni Highome Advantage Tr's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.346.

Pioneer Muni Highome Advantage Tr's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.39/8.06
=4.84 %

Current Share Price is $8.06.
Pioneer Muni Highome Advantage Tr's Dividends per Share for the forward twelve months is calculated as $0.0325 * 12 = $0.39.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pioneer Muni Highome Advantage Tr  (NYSE:MAV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Pioneer Muni Highome Advantage Tr Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Pioneer Muni Highome Advantage Tr's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Muni High Income Advantage Tr is a closed-end fund designed to pursue high current income exempt from regular federal income tax and to seek capital appreciation. The fund invests in the fixed income markets of the United States. It invests primarily in municipal bonds. Geographically, its activities are carried out through the United States.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
Mark Edward Bradley officer: Treasurer 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Wfc Holdings Corp 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255

Pioneer Muni Highome Advantage Tr (Pioneer Muni Highome Advantage Tr) Headlines