DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.0333 per share by the investment management company on Monday, January 12th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, December 30th.
DWS Municipal Income Trust Trading Down 1.1%
Shares of NYSE:KTF opened at $9.03 on Friday. DWS Municipal Income Trust has a twelve month low of $8.48 and a twelve month high of $9.77. The company has a 50-day moving average price of $9.19 and a two-hundred day moving average price of $8.96.
About DWS Municipal Income Trust
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.
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