DWS Municipal Income Trust (NYSE:KTF – Get Free Report) declared a monthly dividend on Monday, September 9th, NASDAQ reports. Investors of record on Thursday, September 19th will be paid a dividend of 0.061 per share by the investment management company on Monday, September 30th. This represents a $0.73 annualized dividend and a yield of 7.38%. The ex-dividend date of this dividend is Thursday, September 19th.
DWS Municipal Income Trust has decreased its dividend payment by an average of 14.9% annually over the last three years.
DWS Municipal Income Trust Price Performance
KTF stock opened at $9.92 on Wednesday. The firm has a 50 day moving average of $9.70 and a two-hundred day moving average of $9.46. DWS Municipal Income Trust has a 12 month low of $7.40 and a 12 month high of $9.92.
About DWS Municipal Income Trust
Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.
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