DWS Municipal Income Trust (NYSE:KTF – Get Free Report) announced a monthly dividend on Friday, September 11th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.061 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Wednesday, September 23rd.
DWS Municipal Income Trust Trading Down 0.4%
NYSE:KTF opened at $8.40 on Monday. The business’s 50-day simple moving average is $8.82 and its 200-day simple moving average is $9.01. DWS Municipal Income Trust has a fifty-two week low of $8.36 and a fifty-two week high of $9.37.
About DWS Municipal Income Trust
DWS Municipal Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the ticker symbol KTF. The trust invests primarily in municipal debt securities issued by states, cities, counties, and other governmental entities in the United States.
The fund’s objective is to provide current income that is generally exempt from regular federal income tax. Its portfolio may include investment-grade and below-investment-grade municipal obligations, including general obligation bonds, revenue bonds, and other securities used to finance public infrastructure and services.
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