DWS Municipal Income Trust (NYSE:KTF - Get Free Report) announced a monthly dividend on Tuesday, June 10th, Wall Street Journal reports. Shareholders of record on Friday, June 20th will be paid a dividend of 0.061 per share by the investment management company on Monday, June 30th. This represents a $0.73 annualized dividend and a yield of 8.30%. The ex-dividend date is Friday, June 20th.
DWS Municipal Income Trust Stock Up 0.2%
DWS Municipal Income Trust stock traded up $0.02 during midday trading on Wednesday, hitting $8.82. 100,860 shares of the company were exchanged, compared to its average volume of 98,488. The business has a fifty day simple moving average of $9.00 and a two-hundred day simple moving average of $9.39. DWS Municipal Income Trust has a fifty-two week low of $8.75 and a fifty-two week high of $10.22.
About DWS Municipal Income Trust
(
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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.
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