DWS Strategic Municiple Income Trust (KSM) To Go Ex-Dividend on September 15th
DWS Strategic Municiple Income Trust (NYSE:KSM) declared a monthly dividend on Monday, September 11th, Wall Street Journal reports. Investors of record on Monday, September 18th will be given a dividend of 0.0525 per share by the investment management company on Friday, September 29th. This represents a $0.63 annualized dividend and a yield of 5.12%. The ex-dividend date of this dividend is Friday, September 15th.
DWS Strategic Municiple Income Trust has decreased its dividend payment by an average of 4.6% per year over the last three years.
DWS Strategic Municiple Income Trust (NYSE KSM) opened at 12.30 on Thursday. The company’s 50-day moving average price is $12.41 and its 200 day moving average price is $12.53. DWS Strategic Municiple Income Trust has a 1-year low of $11.86 and a 1-year high of $14.93.
DWS Strategic Municiple Income Trust Company Profile
Deutsche Strategic Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income exempt from federal income tax. The Fund intends to invest at least 50% of its assets in investment-grade or unrated municipal securities of comparable quality and may invest up to 50% of its assets in high-yield municipal securities that are below investment grade.
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