Deutsche Municipal Income Trust (NYSE:KTF) announced a monthly dividend on Monday, December 11th, Wall Street Journal reports. Investors of record on Monday, December 18th will be given a dividend of 0.0525 per share by the investment management company on Friday, December 29th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Friday, December 15th.

Deutsche Municipal Income Trust has decreased its dividend by an average of 0.3% per year over the last three years.

Deutsche Municipal Income Trust (NYSE KTF) traded down $0.04 on Monday, hitting $12.02. The company had a trading volume of 191,800 shares, compared to its average volume of 112,792. Deutsche Municipal Income Trust has a 1-year low of $11.72 and a 1-year high of $13.73.

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Deutsche Municipal Income Trust Company Profile

Deutsche Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).

Dividend History for Deutsche Municipal Income Trust (NYSE:KTF)

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