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.

TRADEMARK VIOLATION NOTICE: This article was first published by Daily Political and is owned by of Daily Political. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.dailypolitical.com/2019/03/14/dws-strategic-municipal-income-trust-ksm-to-go-ex-dividend-on-march-15th.html.

DWS Strategic Municipal Income Trust Company Profile

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.

Further Reading: Different Options Trading Strategies

Dividend History for DWS Strategic Municipal Income Trust (NYSE:KSM)

Receive News & Ratings for DWS Strategic Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DWS Strategic Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.