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Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) 5-Year Dividend Growth Rate : -4.90% (As of Oct. 2023)


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What is Pioneer Municipal Highome Trust 5-Year Dividend Growth Rate?

Pioneer Municipal Highome Trust's Dividends per Share for the six months ended in Oct. 2023 was $0.18.

During the past 12 months, Pioneer Municipal Highome Trust's average Dividends Per Share Growth Rate was -16.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Pioneer Municipal Highome Trust was -1.60% per year. The lowest was -9.10% per year. And the median was -3.10% per year.

Pioneer Municipal Highome Trust's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Pioneer Municipal Highome Trust's Dividend Yield % is 4.01%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pioneer Municipal High Income Trust is 10.95, which seems too high.

Warning Sign:

Pioneer Municipal High Income Trust stock dividend yield is close to 10-year low.

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


Competitive Comparison of Pioneer Municipal Highome Trust's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Pioneer Municipal Highome Trust's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 Municipal Highome Trust's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Municipal Highome Trust's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Pioneer Municipal Highome Trust's 5-Year Dividend Growth Rate falls into.



Pioneer Municipal Highome Trust 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Pioneer Municipal Highome Trust  (NYSE:MHI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Pioneer Municipal Highome Trust's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.175/ -1.6
=N/A

During the past 6 years, the highest Dividend Payout Ratio of Pioneer Municipal Highome Trust was 10.95. The lowest was 0.41. And the median was 1.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Pioneer Municipal High Income Trust is 10.95, which seems too high.

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

Pioneer Municipal Highome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0350002024-05-162024-05-172024-05-31Cash DividendmonthlyUSD: 1.000000
USD 0.0350002024-04-182024-04-192024-05-01Cash DividendmonthlyUSD: 1.000000
USD 0.0335002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD: 1.000000
USD 0.0275002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD: 1.000000
USD 0.0275002024-01-182024-01-192024-01-31Cash DividendmonthlyUSD: 1.000000
USD 0.0275002023-12-112023-12-122023-12-19Cash DividendmonthlyUSD: 1.000000
USD 0.0275002023-11-152023-11-162023-11-30Cash DividendmonthlyUSD: 1.000000
USD 0.0275002023-10-172023-10-182023-10-31Cash DividendmonthlyUSD: 1.000000
USD 0.0275002023-09-192023-09-202023-09-29Cash DividendmonthlyUSD: 1.000000
USD 0.0275002023-08-172023-08-182023-08-31Cash DividendmonthlyUSD: 1.000000
USD 0.0325002023-07-202023-07-212023-07-31Cash DividendmonthlyUSD: 1.000000
USD 0.0325002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD: 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 Municipal Highome Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.361/9.00
=4.01 %

Current Share Price is $9.00.
Pioneer Municipal Highome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.361.

During the past 6 years, the highest Dividend Yield of Pioneer Municipal Highome Trust was 7.34%. The lowest was 4.01%. And the median was 5.24%.

Warning Sign:

Pioneer Municipal High Income Trust stock dividend yield is close to 10-year low.

* 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 Municipal Highome Trust 5-Year Dividend Growth Rate Related Terms

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Pioneer Municipal Highome Trust (Pioneer Municipal Highome Trust) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Municipal High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income exempt from regular federal income tax and capital appreciation. The trust invests in various sectors such as health, education, tobacco, facilities, transportation, utilities, airport, water, and other sectors.
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
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Mark Edward Bradley 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
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 & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wfc Holdings Corp 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152