DWS Strategic Municiple Income Trust to Issue Monthly Dividend of $0.05 (KSM)

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 4.91%. The ex-dividend date of this dividend is Friday, October 13th.

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

DWS Strategic Municiple Income Trust (NYSE:KSM) opened at 12.21 on Tuesday. DWS Strategic Municiple Income Trust has a 1-year low of $11.86 and a 1-year high of $13.75. The firm has a 50-day moving average of $12.26 and a 200-day moving average of $12.50.

TRADEMARK VIOLATION NOTICE: This article was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://ledgergazette.com/2017/10/10/dws-strategic-municiple-income-trust-to-issue-monthly-dividend-of-0-05-ksm.html.

DWS Strategic Municiple Income Trust Company Profile

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)NYSE:KSM) opened at 12.21 on Tuesday. DWS Strategic Municiple Income Trust has a 1-year low of $11.86 and a 1-year high of $13.75. The firm has a 50-day moving average of $12.26 and a 200-day moving average of $12.50.

TRADEMARK VIOLATION NOTICE: This article was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://ledgergazette.com/2017/10/10/dws-strategic-municiple-income-trust-to-issue-monthly-dividend-of-0-05-ksm.html.

DWS Strategic Municiple Income Trust Company Profile

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.

Leave a Reply