DWS Strategic Municipal Income Trust (KSM) To Go Ex-Dividend on March 15th
DWS Strategic Municipal Income Trust (NYSE:KSM) announced a monthly dividend on Monday, March 11th, Wall Street Journal reports. Investors of record on Monday, March 18th will be paid a dividend of 0.0475 per share by the investment management company on Friday, March 29th. This represents a $0.57 annualized dividend and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, March 15th.
DWS Strategic Municipal Income Trust has decreased its dividend payment by an average of 8.2% annually over the last three years.
Shares of KSM stock opened at $11.27 on Thursday. DWS Strategic Municipal Income Trust has a 1 year low of $10.03 and a 1 year high of $11.39.
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Deutsche Strategic Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas Inc The fund invests in the fixed income markets of the United States. It primarily invests investment grade or unrated municipal securities of comparable quality, as well as in high-yield municipal securities that are below investment grade.
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