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

DWS Strategic Municiple Income Trust (NYSE:KSM) declared a monthly dividend on Monday, October 9th, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.05 per share by the investment management company on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date is Friday, October 13th.

DWS Strategic Municiple Income Trust has decreased its dividend payment by an average of 4.6% annually over the last three years.

DWS Strategic Municiple Income Trust (NYSE KSM) remained flat at $12.12 on Thursday. 9,300 shares of the stock were exchanged. DWS Strategic Municiple Income Trust has a 1-year low of $11.86 and a 1-year high of $13.41. The company has a 50-day moving average of $12.25 and a 200-day moving average of $12.50.

ILLEGAL ACTIVITY NOTICE: “DWS Strategic Municiple Income Trust (KSM) to Issue Monthly Dividend of $0.05 on October 31st” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this article on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this article can be viewed at https://sportsperspectives.com/2017/10/12/dws-strategic-municiple-income-trust-ksm-to-issue-monthly-dividend-of-0-05-on-october-31st.html.

About DWS Strategic Municiple Income Trust

Deutsche Strategic Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income exempt from federal income tax. The Fund intends to invest at least 50% of its assets in investment-grade or unrated municipal securities of comparable quality and may invest up to 50% of its assets in high-yield municipal securities that are below investment grade.

Dividend History for DWS Strategic Municiple Income Trust (NYSE:KSM)

Receive News & Ratings for DWS Strategic Municiple Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DWS Strategic Municiple Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply