DWS Municipal Income Trust (KTF) to Issue Monthly Dividend of $0.06 on March 31st

DWS Municipal Income Trust (NYSE:KTF) announced a monthly dividend on Monday, March 9th. Stockholders of record on Friday, March 20th will be paid a dividend of 0.061 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, March 20th.

DWS Municipal Income Trust Stock Performance

NYSE KTF opened at $9.20 on Wednesday. DWS Municipal Income Trust has a 1 year low of $8.48 and a 1 year high of $9.50. The company has a fifty day moving average of $9.15 and a 200 day moving average of $9.15.

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.