DWS Municipal Income Trust Announces — Dividend of $0.02 (NYSE:KTF)

DWS Municipal Income Trust (NYSE:KTF) declared a — dividend on Wednesday, December 18th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.0156 per share by the investment management company on Friday, January 10th. This represents a yield of 7.6%. The ex-dividend date of this dividend is Monday, December 30th.

DWS Municipal Income Trust has decreased its dividend by an average of 14.9% annually over the last three years.

DWS Municipal Income Trust Stock Down 0.9 %

DWS Municipal Income Trust stock traded down $0.09 on Thursday, reaching $9.59. 103,093 shares of the stock were exchanged, compared to its average volume of 139,088. DWS Municipal Income Trust has a twelve month low of $8.72 and a twelve month high of $10.22. The firm has a fifty day moving average price of $9.94 and a two-hundred day moving average price of $9.79.

About DWS Municipal Income Trust

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.