DWS Municipal Income Trust (NYSE:KTF) Plans $0.06 Monthly Dividend

DWS Municipal Income Trust (NYSE:KTF - Get Free Report) declared a monthly dividend on Friday, April 10th. Investors of record on Wednesday, April 22nd will be paid a dividend of 0.061 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Wednesday, April 22nd.DWS Municipal Income Trust Stock Up 0.1%Shares of KTF opened at $9.21 on Monday. The stock has a 50 day moving average price of $9.12 and a 200 day moving average price of $9.14. DWS Municipal Income Trust has a 52-week low of $8.48 and a 52-week high of $9.37. About DWS Municipal Income Trust (Get Free Report)DWS Municipal Income Trust NYSE: KTF is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax. Established in 2002, the fund is managed by DWS Group, a global asset management firm and affiliate of Deutsche Bank, and trades on the New York Stock Exchange under the ticker symbol KTF. Its structure allows investors access to a diversified portfolio of municipal securities with the potential for tax-advantaged income distributions. The trust’s investment strategy focuses primarily on investment-grade municipal bonds issued by U.S.Featured ArticlesFive stocks we like better than DWS Municipal Income TrustThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in DWS Municipal Income Trust Right Now?Before you consider DWS Municipal Income Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DWS Municipal Income Trust wasn't on the list.While DWS Municipal Income Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here