Insider Buying: Kenneth C. Froewiss Purchases 1,000 Shares of DWS Multi Market Income Trust Stock (KMM)
DWS Multi Market Income Trust (NYSE:KMM) Director Kenneth C. Froewiss purchased 1,000 shares of DWS Multi Market Income Trust stock in a transaction that occurred on Friday, June 20th. The shares were purchased at an average price of $9.26 per share, for a total transaction of $9,260.00. Following the completion of the purchase, the director now directly owns 1,100 shares in the company, valued at approximately $10,186. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of DWS Multi Market Income Trust (NYSE:KMM) remained flat at $9.29 during during mid-day trading trading on Tuesday. The stock had a trading volume of 5,298 shares. DWS Multi Market Income Trust has a 1-year low of $9.03 and a 1-year high of $10.93. The stock’s 50-day moving average is $9.28 and its 200-day moving average is $9.32.
The company also recently announced a monthly dividend, which is scheduled for Monday, June 30th. Shareholders of record on Friday, June 20th will be paid a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 7.11%. The ex-dividend date is Wednesday, June 18th.
DWS Multi-Market Income Trust (NYSE:KMM) is a closed-end, diversified management investment company.
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