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DWS Strategic Municipal Income Trust (NYSE:KSM) announced a monthly dividend on Monday, January 13th, AmericanBankingNews.com reports. Investors of record on Tuesday, January 21st will be paid a dividend of 0.077 per share on Friday, January 31st. This represents a $0.92 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Thursday, January 16th.

DWS Strategic Municipal Income Trust (NYSE:KSM) traded up 0.31% on Monday, hitting $12.8398. 25,414 shares of the company’s stock traded hands. DWS Strategic Municipal Income Trust has a one year low of $11.72 and a one year high of $15.66. The stock’s 50-day moving average is $12.25 and its 200-day moving average is $12.44.

DWS Strategic Municipal Income Trust (NYSE:KSM) is a closed-end, diversified management investment company.

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