DWS Strategic Municipal Income Trust Announces Monthly Dividend of $0.08 (KSM)
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.