DWS Municipal Income Trust (NYSE:KTF) announced a monthly dividend on Wednesday, January 9th, Wall Street Journal reports. Investors of record on Friday, January 18th will be given a dividend of 0.0475 per share by the investment management company on Thursday, January 31st. This represents a $0.57 annualized dividend and a yield of 5.35%. The ex-dividend date is Thursday, January 17th.
DWS Municipal Income Trust has decreased its dividend payment by an average of 6.2% per year over the last three years.
KTF stock opened at $10.66 on Thursday. DWS Municipal Income Trust has a 12 month low of $10.08 and a 12 month high of $11.91.
ILLEGAL ACTIVITY WARNING: This article was first reported by WKRB News and is owned by of WKRB News. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://www.wkrb13.com/2019/01/10/dws-municipal-income-trust-announces-monthly-dividend-of-0-05-ktf.html.
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.
See Also: What is a put option?
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.