DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a — dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders of record on Tuesday, January 21st will be given a dividend of 0.061 per share by the investment management company on Friday, January 31st. This represents a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, January 21st. This is a boost from DWS Municipal Income Trust’s previous — dividend of $0.02.
DWS Municipal Income Trust has increased its dividend by an average of 9.3% per year over the last three years.
DWS Municipal Income Trust Trading Down 0.2 %
DWS Municipal Income Trust stock opened at $9.53 on Friday. The firm’s 50 day moving average price is $9.80 and its two-hundred day moving average price is $9.79. DWS Municipal Income Trust has a twelve month low of $8.72 and a twelve month high of $10.22.
About DWS Municipal Income Trust
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.
Read More
- Five stocks we like better than DWS Municipal Income Trust
- Energy and Oil Stocks Explained
- Zymeworks in Focus for Insider Activity: Catalysts Ahead
- What Are Dividend Challengers?
- Kura Sushi Stock Dips Into a Hot Buying Opportunity
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- MercadoLibre: Latin America’s Digital Titan Just Got Cheaper
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.
