DWS Municipal Income Trust (KTF) To Go Ex-Dividend on July 18th

DWS Municipal Income Trust (NYSE:KTFGet Free Report) announced a monthly dividend on Monday, July 8th, Wall Street Journal reports. Investors of record on Thursday, July 18th will be given a dividend of 0.061 per share by the investment management company on Wednesday, July 31st. This represents a $0.73 dividend on an annualized basis and a yield of 7.64%. The ex-dividend date of this dividend is Thursday, July 18th.

DWS Municipal Income Trust has decreased its dividend payment by an average of 14.9% per year over the last three years.

DWS Municipal Income Trust Stock Performance

Shares of NYSE:KTF traded up $0.03 during trading on Wednesday, reaching $9.58. The stock had a trading volume of 72,709 shares, compared to its average volume of 109,066. The business’s 50-day moving average price is $9.48 and its 200 day moving average price is $9.22. DWS Municipal Income Trust has a 52 week low of $7.40 and a 52 week high of $9.68.

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

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