DWS Multi-Market Income Trust (KMM) to Issue Monthly Dividend of $0.04
DWS Multi-Market Income Trust (NYSE:KMM) declared a monthly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Friday, August 18th will be paid a dividend of 0.035 per share by the investment management company on Thursday, August 31st. This represents a $0.42 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend is Wednesday, August 16th.
DWS Multi-Market Income Trust has decreased its dividend payment by an average of 16.5% annually over the last three years.
Shares of DWS Multi-Market Income Trust (KMM) traded up 0.11% on Wednesday, reaching $8.88. 22,044 shares of the company were exchanged. DWS Multi-Market Income Trust has a 12 month low of $8.30 and a 12 month high of $8.98. The stock has a 50 day moving average price of $8.84 and a 200-day moving average price of $8.75.
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About DWS Multi-Market Income Trust
Deutsche Multi-Market Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide high current income consistent with prudent total-return asset management. The Fund seeks to achieve its objective by investing its assets in a range of securities, such as United States corporate fixed-income securities and debt obligations of foreign governments, their agencies and instrumentalities, either of which may be denominated in foreign currencies, debt obligations of the United States government, and its agencies and instrumentalities and other income-producing securities, including securities that may be denominated in foreign currencies.
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