DWS Municipal Income Trust (KTF) to Issue Monthly Dividend of $0.06 on January 30th

DWS Municipal Income Trust (NYSE:KTF) announced a monthly dividend on Friday, January 9th. Shareholders of record on Wednesday, January 21st will be given a dividend of 0.061 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Wednesday, January 21st. This is a 83.2% increase from DWS Municipal Income Trust’s previous monthly dividend of $0.03.

DWS Municipal Income Trust Stock Down 0.4%

DWS Municipal Income Trust stock opened at $9.14 on Monday. DWS Municipal Income Trust has a one year low of $8.48 and a one year high of $9.77. The business has a fifty day moving average price of $9.14 and a 200-day moving average price of $9.00.

DWS Municipal Income Trust Company Profile

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.