DWS Municipal Income Trust (NYSE:KTF – Get Free Report) declared a monthly dividend on Friday, May 8th. Stockholders of record on Wednesday, May 20th will be paid a dividend of 0.061 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, May 20th.
DWS Municipal Income Trust Stock Up 0.1%
NYSE:KTF opened at $9.00 on Monday. The stock’s fifty day moving average price is $9.09 and its two-hundred day moving average price is $9.13. DWS Municipal Income Trust has a 52-week low of $8.48 and a 52-week high of $9.37.
DWS Municipal Income Trust Company Profile
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.
Recommended Stories
- Five stocks we like better than DWS Municipal Income Trust
- 3 Infrastructure Stocks Fueling the Data Center Building Boom
- Datadog Soars, Dynatrace Slumps: Gap Widens in AI Agent Stocks
- As U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
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.
