DWS Strategic Municipal Income Trust Plans Monthly Dividend of $0.02 (NYSE:KSM)

DWS Strategic Municipal Income Trust (NYSE:KSM) announced a monthly dividend on Monday, September 9th, NASDAQ reports. Investors of record on Thursday, September 19th will be paid a dividend of 0.023 per share by the investment management company on Monday, September 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, September 19th.

DWS Strategic Municipal Income Trust Trading Down 0.2 %

NYSE KSM opened at $10.18 on Tuesday. DWS Strategic Municipal Income Trust has a 12 month low of $7.25 and a 12 month high of $10.20. The company’s fifty day moving average price is $10.03 and its two-hundred day moving average price is $9.66.

DWS Strategic Municipal Income Trust Company Profile

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.