DWS Strategic Municipal's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DWS Strategic Municipal (NYSE:KSM) announced a monthly dividend of 2.95 cents per share, with the ex-dividend date set for Friday. Shareholders owning KSM by the end of Thursday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.
June 13, 2023 | 3:06 pm
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DWS Strategic Municipal (KSM) will go ex-dividend on Friday, with a monthly dividend of 2.95 cents per share. Eligible shareholders will receive the payout on June 30, 2023.
The announcement of the dividend payout and ex-dividend date is important for KSM shareholders. However, the stock price will likely adjust to reflect the dividend payout, resulting in a neutral short-term impact on the stock price.
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