DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a monthly dividend on Friday, August 7th. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.061 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, August 19th.
DWS Municipal Income Trust Trading Down 0.1%
Shares of DWS Municipal Income Trust stock opened at $8.98 on Monday. The stock has a 50-day simple moving average of $9.10 and a 200-day simple moving average of $9.10. DWS Municipal Income Trust has a 52-week low of $8.55 and a 52-week high of $9.37.
About DWS Municipal Income Trust
DWS Municipal Income Trust (NYSE: KTF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax. Established in 2002, the fund is managed by DWS Group, a global asset management firm and affiliate of Deutsche Bank, and trades on the New York Stock Exchange under the ticker symbol KTF. Its structure allows investors access to a diversified portfolio of municipal securities with the potential for tax-advantaged income distributions.
The trust’s investment strategy focuses primarily on investment-grade municipal bonds issued by U.S.
See Also
- Five stocks we like better than DWS Municipal Income Trust
- Is SiTime the Best AI Stock You’ve Never Heard Of?
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
Receive News & Ratings for DWS Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DWS Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
