DWS Strategic Income Trust (NYSE:KST) announced a monthly dividend on Tuesday, January 10th. Shareholders of record on Thursday, January 19th will be paid a dividend of 0.04 per share by the investment management company on Tuesday, January 31st. This represents a $0.48 annualized dividend and a yield of 3.96%. The ex-dividend date is Tuesday, January 17th.
Shares of DWS Strategic Income Trust (NYSE:KST) traded up 1.00% during mid-day trading on Tuesday, reaching $12.12. 8,488 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $11.86 and its 200-day moving average price is $11.87. DWS Strategic Income Trust has a 12-month low of $9.84 and a 12-month high of $12.29.
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DWS Strategic Income Trust Company Profile
Deutsche Strategic Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide high current income. The Fund seeks to achieve its objective by investing its assets in a combination of lower-rated corporate fixed-income securities; fixed-income securities of markets and other foreign issuers, and fixed-income securities of the United States Government and its agencies and instrumentalities and private mortgage-backed issuers.
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