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DWS Municipal Income Trust (NYSE:KTF) Announces $0.06 Monthly Dividend

DWS Municipal Income Trust logo with Finance background
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Key Points

  • $0.061 per share monthly dividend declared for DWS Municipal Income Trust (KTF), payable March 31 to shareholders of record March 20 with an ex-dividend date of March 20 and an annualized yield of about 8.0%.
  • KTF opened at $9.17, with 50-day and 200-day moving averages near $9.14 and $9.13 and a one-year trading range of $8.48–$9.57.
  • DWS Municipal Income Trust is a closed-end fund managed by DWS Group that invests primarily in investment-grade U.S. municipal bonds to provide tax-exempt income to shareholders.
  • MarketBeat previews top five stocks to own in May.

DWS Municipal Income Trust (NYSE:KTF - Get Free Report) declared a monthly dividend on Monday, March 9th. Shareholders of record on Friday, March 20th will be given 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 yield of 8.0%. The ex-dividend date is Friday, March 20th.

DWS Municipal Income Trust Stock Down 0.3%

Shares of KTF stock opened at $9.17 on Tuesday. The company has a 50 day moving average price of $9.14 and a 200 day moving average price of $9.13. DWS Municipal Income Trust has a one year low of $8.48 and a one year high of $9.57.

About DWS Municipal Income Trust

(Get Free Report)

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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Dividend History for DWS Municipal Income Trust (NYSE:KTF)

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