SmarterDividends
KTF

DWS Municipal Income Trust

KTF

Financial Services · Stock · monthly payer

Forward Yield

8.03%

Annual Dividend

$0.73

Payout Ratio

68%

5-Yr Growth

8.8%

Ex-Date

May 20, 2026

Frequency

Monthly

KTF Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage68% of earnings paid out
Balance-sheet strengthDebt/equity of 0.55
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is KTF a good dividend stock?

Mixed

DWS Municipal Income Trust (KTF) pays a monthly dividend yielding 8.03% ($0.73/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 8.8% 5-yr dividend growth

Risks

  • Cut its dividend in 2023
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.03%
Payout Ratio
68%
Annual Dividend
$0.73
5-Yr Avg Growth
8.8%
Ex-Dividend Date
May 20, 2026
Years of Growth
2
Frequency
monthly
Beta
0.52
Market Cap
$357.3M
P/E Ratio
5-Yr Total Return
-25%
52-Week Range
$8.48 – $9.37
Dividend Safety
C · 56/100
Ever Cut?
Yes (2023)
KTF ex-dividend date & scheduleNext ex-date May 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.73 / yr per share

Per payment (monthly)$6.08
Annual$73.00
Monthly avg$6.08