DWS Municipal Income Trust About To Put More Money In Your Pocket (KTF)

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, DWS Municipal Income Trust ( KTF) will trade ex-dividend, for its monthly dividend of $0.07, payable on 10/31/13. As a percentage of KTF's recent stock price of $11.88, this dividend works out to approximately 0.59%, so look for shares of DWS Municipal Income Trust to trade 0.59% lower — all else being equal — when KTF shares open for trading on 10/16/13.

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Below is a dividend history chart for KTF, showing historical dividends prior to the most recent $0.07 declared by DWS Municipal Income Trust:

KTF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KTF is likely to continue, and whether the current estimated yield of 7.07% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KTF shares, versus its 200 day moving average:

DWS Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, KTF's low point in its 52 week range is $11.55 per share, with $15.54 as the 52 week high point — that compares with a last trade of $11.88.
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According to the ETF Finder at ETF Channel, KTF makes up 1.09% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 0.6% on the day Monday.

In Monday trading, DWS Municipal Income Trust shares are currently up about 0.1% on the day.

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