Media stories about Deutsche Municipal Income Trust (NYSE:KTF) have been trending positive on Thursday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Deutsche Municipal Income Trust earned a news sentiment score of 0.30 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.0945928084904 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Deutsche Municipal Income Trust stock traded down $0.01 during trading on Thursday, reaching $11.21. 57,093 shares of the company’s stock were exchanged, compared to its average volume of 121,321. Deutsche Municipal Income Trust has a 52-week low of $11.07 and a 52-week high of $13.72.
The company also recently disclosed a monthly dividend, which was paid on Thursday, March 29th. Shareholders of record on Monday, March 19th were issued a $0.0525 dividend. The ex-dividend date was Friday, March 16th. This represents a $0.63 dividend on an annualized basis and a yield of 5.62%.
About Deutsche Municipal Income Trust
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).
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