DWS Strategic Municipal Income Trust Dividend
Dividend criteria checks 2/6
DWS Strategic Municipal Income Trust is a dividend paying company with a current yield of 3.55%.
Key information
3.5%
Dividend yield
97%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.37 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
KSM And KTF To Terminate
Apr 17DWS Strategic Municipal Income Trust decreases monthly dividend by -27.2% to $0.03/share
Jan 11DWS Strategic Municipal Income Trust raises dividend by 33% to $0.03
Dec 13DWS Strategic Municipal Income Trust declares $0.044 dividend
Jan 08DWS Strategic Municipal Income Trust declares $0.0314 distribution
Dec 07DWS Strategic Municipal Income Trust declares $0.0425 dividend
Nov 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KSM's dividend payments have been volatile in the past 10 years.
Growing Dividend: KSM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| DWS Strategic Municipal Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KSM) | 3.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (KSM) | n/a |
Notable Dividend: KSM's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: KSM's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.1%), KSM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.7%), KSM's dividend payments are well covered by cash flows.