DWS Strategic Municipal Income Trust (NYSE:KSM) to Issue Monthly Dividend of $0.03

DWS Strategic Municipal Income Trust (NYSE:KSMGet Free Report) declared a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Stockholders of record on Thursday, July 18th will be given a dividend of 0.026 per share by the investment management company on Wednesday, July 31st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, July 18th.

DWS Strategic Municipal Income Trust Trading Down 0.1 %

Shares of NYSE KSM traded down $0.01 during trading on Wednesday, reaching $9.87. 18,023 shares of the stock were exchanged, compared to its average volume of 27,254. The business’s 50-day moving average price is $9.68 and its 200 day moving average price is $9.22. DWS Strategic Municipal Income Trust has a twelve month low of $7.25 and a twelve month high of $9.99.

DWS Strategic Municipal Income Trust Company Profile

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Deutsche Strategic Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas Inc The fund invests in the fixed income markets of the United States. It primarily invests investment grade or unrated municipal securities of comparable quality, as well as in high-yield municipal securities that are below investment grade.

Further Reading

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

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