DWS Municipal Income Trust (NYSE:KTF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.79 and traded as low as $9.43. DWS Municipal Income Trust shares last traded at $9.51, with a volume of 90,870 shares.
DWS Municipal Income Trust Stock Performance
The firm has a 50 day moving average price of $9.81 and a 200-day moving average price of $9.79.
DWS Municipal Income Trust Cuts Dividend
The company also recently disclosed a — dividend, which will be paid on Friday, January 10th. Stockholders of record on Monday, December 30th will be paid a $0.0156 dividend. This represents a dividend yield of 7.6%. The ex-dividend date is Monday, December 30th.
Institutional Investors Weigh In On DWS Municipal Income Trust
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.
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