DWS Municiple Income Trust (KTF) To Go Ex-Dividend on September 15th
DWS Municiple Income Trust (NYSE:KTF) announced a monthly dividend on Monday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 18th will be paid a dividend of 0.06 per share by the investment management company on Friday, September 29th. This represents a $0.72 annualized dividend and a yield of 5.53%. The ex-dividend date of this dividend is Friday, September 15th.
DWS Municiple Income Trust has decreased its dividend by an average of 0.3% per year over the last three years.
Shares of DWS Municiple Income Trust (NYSE KTF) opened at 13.02 on Thursday. DWS Municiple Income Trust has a 52 week low of $12.52 and a 52 week high of $14.60. The firm’s 50-day moving average is $13.07 and its 200 day moving average is $13.30.
DWS Municiple Income Trust Company Profile
Deutsche Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).
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