DWS Municiple Income Trust (KTF) to Issue Monthly Dividend of $0.05 on October 31st

DWS Municiple Income Trust (NYSE:KTF) declared a monthly dividend on Monday, October 9th, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be paid a dividend of 0.0525 per share by the investment management company on Tuesday, October 31st. This represents a $0.63 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Friday, October 13th.

DWS Municiple Income Trust has decreased its dividend payment by an average of 0.3% per year over the last three years.

DWS Municiple Income Trust (NYSE:KTF) opened at 12.32 on Thursday. The firm’s 50 day moving average price is $12.87 and its 200 day moving average price is $13.25. DWS Municiple Income Trust has a 12 month low of $12.30 and a 12 month high of $14.02.

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About DWS Municiple Income Trust

Deutsche Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).

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

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