DWS Municipal Income Trust (NYSE:KTF – Get Free Report) declared a monthly dividend on Friday, September 11th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.061 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend is Wednesday, September 23rd.
DWS Municipal Income Trust Stock Performance
DWS Municipal Income Trust stock opened at $8.43 on Monday. DWS Municipal Income Trust has a one year low of $8.36 and a one year high of $9.37. The business has a 50 day simple moving average of $8.82 and a 200 day simple moving average of $9.01.
DWS Municipal Income Trust Company Profile
DWS Municipal Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the ticker symbol KTF. The trust invests primarily in municipal debt securities issued by states, cities, counties, and other governmental entities in the United States.
The fund’s objective is to provide current income that is generally exempt from regular federal income tax. Its portfolio may include investment-grade and below-investment-grade municipal obligations, including general obligation bonds, revenue bonds, and other securities used to finance public infrastructure and services.
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