Cash Dividend On The Way From DWS Strategic Municipal Income Trust (KSM)

Looking at the universe of stocks we cover at Dividend Channel, on 2/18/14, DWS Strategic Municipal Income Trust (KSM) will trade ex-dividend, for its monthly dividend of $0.077, payable on 2/28/14. As a percentage of KSM's recent stock price of $13.19, this dividend works out to approximately 0.58%, so look for shares of DWS Strategic Municipal Income Trust to trade 0.58% lower — all else being equal — when KSM shares open for trading on 2/18/14.

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Below is a dividend history chart for KSM, showing historical dividends prior to the most recent $0.077 declared by DWS Strategic Municipal Income Trust:

KSM+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 KSM is likely to continue, and whether the current estimated yield of 7.01% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of KSM shares, versus its 200 day moving average:

DWS Strategic Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, KSM's low point in its 52 week range is $11.72 per share, with $15.66 as the 52 week high point — that compares with a last trade of $13.19.

In Friday trading, DWS Strategic Municipal Income Trust shares are currently off about 0.2% on the day.

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