Streetbeat News

KTF

DWS Municipal Income Trust

https://fundsus.deutscheam.com/EN/products/deutsche-municipal-income-trust.jsp?core-key=309

Industry

Asset Management - Income

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax. It seeks to invest in securities that are rated Baa or BBB or better by Moody's or S&P. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Index. It was formerly known as DWS Municipal Income Trust. Deutsche Municipal Income Trust was formed on October 20, 1988 and is domiciled in the United States.

Open

9.95

Mkt cap

389M

Volume

4.1K

High

9.95

P/E Ratio

28.36

52-wk high

10.22

Low

9.93

Div yield

0.06

52-wk low

8.22

DWS Municipal Income Trust has announced the termination of its fund, with plans to make a liquidating distribution to shareholders. Additionally, there will be an increase in the distribution rate to shareholders.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:44 pm

DWS Municipal IT (NYSE:KTF) announced a monthly dividend of 3.5 cents per share, going ex-dividend on Tuesday. Shareholders owning KTF by the end of Monday are eligible for the dividend, to be paid on March 28, 2024. The stock is expected to open 3.5 cents lower on Tuesday to reflect the payout.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 2:45 pm

DWS Municipal IT (NYSE:KTF) announced its monthly dividend of 2.9 cents per share, with Thursday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Friday, likely opening 2.9 cents lower. The dividend payout is scheduled for February 29, 2024.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 2:46 pm

DWS Municipal IT (NYSE:KTF) announced a monthly dividend of 2.7 cents per share, with the ex-dividend date being Thursday. Shareholders owning the stock by the end of Wednesday are eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 2.7 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 2:45 pm

DWS Municipal IT (NYSE:KTF) will go ex-dividend on Friday, with shareholders as of Thursday's close eligible for a monthly dividend of 2.65 cents per share, payable on December 29, 2023. The stock is expected to open 2.65 cents lower on Friday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 2:45 pm

DWS Municipal IT (NYSE:KTF) announced a monthly dividend of 2.5 cents per share, with Thursday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Friday, indicating a likely opening price reduction by the dividend amount. The dividend is scheduled to be paid on November 30, 2023.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 2:45 pm

DWS Municipal IT (NYSE:KTF) has announced a monthly dividend of 2.35 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 2.35 cents lower. Shareholders who own KTF as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 2:45 pm

DWS Municipal IT (NYSE:KTF) has announced a monthly dividend of 2.35 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own KTF as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 29, 2023.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 2:45 pm

DWS Municipal IT (NYSE:KTF) has announced a monthly dividend of 2.54 cents per share. To be eligible for this dividend, shareholders must own the stock before the ex-dividend date, which is Thursday. The dividend will be paid out on August 31, 2023.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 2:45 pm

DWS Municipal IT (NYSE:KTF) has announced a monthly dividend of 2.54 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 2.54 cents lower. Shareholders who own KTF as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.