DWS Multi-Market Income Trust Announces Monthly Dividend of $0.04 (NYSE:KMM)
DWS Multi-Market Income Trust (NYSE:KMM) announced a monthly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Friday, August 18th will be given a dividend of 0.035 per share by the investment management company on Thursday, August 31st. This represents a $0.42 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Wednesday, August 16th.
DWS Multi-Market Income Trust has decreased its dividend by an average of 16.5% annually over the last three years.
Shares of DWS Multi-Market Income Trust (NYSE:KMM) traded up 0.11% during trading on Wednesday, hitting $8.88. 22,044 shares of the stock traded hands. The company has a 50-day moving average of $8.84 and a 200-day moving average of $8.75. DWS Multi-Market Income Trust has a 52 week low of $8.30 and a 52 week high of $8.98.
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DWS Multi-Market Income Trust Company Profile
Deutsche Multi-Market Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide high current income consistent with prudent total-return asset management. The Fund seeks to achieve its objective by investing its assets in a range of securities, such as United States corporate fixed-income securities and debt obligations of foreign governments, their agencies and instrumentalities, either of which may be denominated in foreign currencies, debt obligations of the United States government, and its agencies and instrumentalities and other income-producing securities, including securities that may be denominated in foreign currencies.
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