DWS Municipal Income Trust (NYSE:KTF – Get Free Report) declared a monthly dividend on Friday, November 8th,Wall Street Journal reports. Investors of record on Wednesday, November 20th will be given a dividend of 0.061 per share by the investment management company on Friday, November 29th. This represents a $0.73 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Wednesday, November 20th.
DWS Municipal Income Trust has decreased its dividend by an average of 14.9% per year over the last three years.
DWS Municipal Income Trust Trading Down 0.1 %
DWS Municipal Income Trust stock opened at $9.95 on Monday. DWS Municipal Income Trust has a 52 week low of $8.27 and a 52 week high of $10.22. The stock has a 50 day moving average of $9.94 and a 200-day moving average of $9.71.
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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