DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a — dividend on Wednesday, December 18th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.0156 per share by the investment management company on Friday, January 10th. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, December 30th.
DWS Municipal Income Trust has decreased its dividend payment by an average of 14.9% annually over the last three years.
DWS Municipal Income Trust Stock Down 0.9 %
Shares of KTF stock opened at $9.59 on Friday. The stock has a 50-day moving average of $9.94 and a 200-day moving average of $9.79. DWS Municipal Income Trust has a one year low of $8.72 and a one year high of $10.22.
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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