DWS Strategic Municiple Income Trust (NYSE:KSM) announced a monthly dividend on Tuesday, January 10th. Shareholders of record on Thursday, January 19th will be paid a dividend of 0.0575 per share by the investment management company on Tuesday, January 31st. This represents a $0.69 annualized dividend and a yield of 5.55%. The ex-dividend date of this dividend is Tuesday, January 17th.
Shares of DWS Strategic Municiple Income Trust (NYSE:KSM) traded up 0.282% during mid-day trading on Tuesday, reaching $12.425. The company’s stock had a trading volume of 27,669 shares. The company has a 50 day moving average price of $12.11 and a 200 day moving average price of $13.56. DWS Strategic Municiple Income Trust has a 12 month low of $11.86 and a 12 month high of $15.01.
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About DWS Strategic Municiple Income Trust
Deutsche Strategic Municipal Income Trust (Fund) is a diversified, closed-ended management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. The Fund seeks to invest approximately 50% of its assets in investment-grade or unrated municipal securities and may invest approximately 50% of its assets in high-yield municipal securities that are below investment grade.
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