DWS Municipal Income Trust (KTF) to Distribute Monthly Dividend of $0.06 on October 30th

DWS Municipal Income Trust (NYSE:KTF) declared a monthly dividend on Friday, October 9th. Investors of record on Wednesday, October 21st will be given a dividend of $0.0610 per share by the investment management company on Friday, October 30th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date is Wednesday, October 21st.

DWS Municipal Income Trust Stock Down 0.3%

Shares of KTF stock opened at $8.15 on Monday. The company has a 50-day simple moving average of $8.48 and a 200 day simple moving average of $8.88. DWS Municipal Income Trust has a 52 week low of $7.95 and a 52 week high of $9.37.

DWS Municipal Income Trust Company Profile

DWS Municipal Income Trust (NYSE: KTF) is a closed-end investment company that seeks to provide current income exempt from regular federal income tax. The fund invests primarily in municipal securities issued by states, municipalities and other public authorities in the United States.

Its portfolio may include general obligation bonds, revenue bonds and other municipal debt obligations used to finance public infrastructure and essential services. Income and investment results can be affected by changes in interest rates, credit conditions, municipal finances and developments in the communities or projects supporting the securities.

DWS Municipal Income Trust is advised by DWS Investment Management Americas, Inc, part of the DWS asset-management organization.