Media coverage about Deutsche Municipal Income Trust (NYSE:KTF) has been trending positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Deutsche Municipal Income Trust earned a news sentiment score of 0.32 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 47.8379000547292 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Deutsche Municipal Income Trust (NYSE KTF) traded down $0.05 during trading hours on Friday, hitting $11.80. 107,004 shares of the stock were exchanged, compared to its average volume of 195,447. Deutsche Municipal Income Trust has a 12 month low of $11.72 and a 12 month high of $13.73.
The business also recently declared a monthly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 19th will be paid a $0.0525 dividend. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date of this dividend is Thursday, January 18th.
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Deutsche Municipal Income Trust Company Profile
Deutsche Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide a high level of current income exempt from federal income tax. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, intends on being invested in municipal securities valued at the time of purchase within the four highest grades (Baa or BBB or better).
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