DWS Municipal Income Trust (NYSE:KTF – Get Free Report) declared a — dividend on Thursday, December 19th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.0156 per share by the investment management company on Friday, January 10th. This represents a yield of 7.6%. The ex-dividend date is Monday, December 30th.
DWS Municipal Income Trust has decreased its dividend payment by an average of 14.9% per year over the last three years.
DWS Municipal Income Trust Stock Down 0.9 %
Shares of NYSE KTF traded down $0.09 during midday trading on Thursday, hitting $9.59. The company had a trading volume of 103,093 shares, compared to its average volume of 139,070. DWS Municipal Income Trust has a twelve month low of $8.72 and a twelve month high of $10.22. The business has a 50-day simple moving average of $9.94 and a two-hundred day simple moving average of $9.79.
DWS Municipal Income Trust Company Profile
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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