Positive Media Coverage Somewhat Unlikely to Impact DWS Strategic Municiple Income Trust (KSM) Stock Price
Media headlines about DWS Strategic Municiple Income Trust (NYSE:KSM) have been trending positive on Friday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. DWS Strategic Municiple Income Trust earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 46.9720050009583 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
DWS Strategic Municiple Income Trust (KSM) opened at $11.91 on Friday. DWS Strategic Municiple Income Trust has a 1 year low of $11.81 and a 1 year high of $13.11.
The firm also recently declared a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 20th were issued a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 5.04%. The ex-dividend date was Friday, November 17th.
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About DWS Strategic Municiple Income Trust
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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