DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a monthly dividend on Monday, October 7th, NASDAQ reports. Shareholders of record on Thursday, October 17th will be paid a dividend of 0.061 per share by the investment management company on Thursday, October 31st. This represents a $0.73 annualized dividend and a yield of 7.31%. The ex-dividend date of this dividend is Thursday, October 17th.
DWS Municipal Income Trust has decreased its dividend by an average of 14.9% annually over the last three years.
DWS Municipal Income Trust Stock Up 0.4 %
KTF stock traded up $0.04 during mid-day trading on Tuesday, hitting $10.02. The company had a trading volume of 196,721 shares, compared to its average volume of 131,435. DWS Municipal Income Trust has a 12-month low of $7.40 and a 12-month high of $10.09. The company has a 50-day moving average price of $9.83 and a 200 day moving average price of $9.59.
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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