DWS Strategic Municiple Income Trust (KSM) To Go Ex-Dividend on December 15th

DWS Strategic Municiple Income Trust (NYSE:KSM) announced a monthly dividend on Monday, December 11th, Wall Street Journal reports. Investors of record on Monday, December 18th will be given a dividend of 0.05 per share by the investment management company on Friday, December 29th. This represents a $0.60 annualized dividend and a yield of 5.03%. The ex-dividend date of this dividend is Friday, December 15th.

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

Shares of DWS Strategic Municiple Income Trust (KSM) opened at $11.94 on Thursday. DWS Strategic Municiple Income Trust has a fifty-two week low of $11.78 and a fifty-two week high of $13.11.

COPYRIGHT VIOLATION NOTICE: This article was first posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this article on another publication, it was stolen and reposted in violation of US and international copyright law. The original version of this article can be viewed at https://ledgergazette.com/2017/12/14/dws-strategic-municiple-income-trust-ksm-to-go-ex-dividend-on-december-15th.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