Deutsche Strategic Income Trust (NYSE:KST) announced a monthly dividend on Wednesday, January 10th, Wall Street Journal reports. Shareholders of record on Friday, January 19th will be paid a dividend of 0.044 per share by the investment management company on Wednesday, January 31st. This represents a $0.53 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend is Thursday, January 18th.
Deutsche Strategic Income Trust has decreased its dividend by an average of 19.5% annually over the last three years.
Shares of Deutsche Strategic Income Trust (NYSE:KST) remained flat at $$12.53 during trading hours on Thursday. Deutsche Strategic Income Trust has a 12-month low of $11.95 and a 12-month high of $12.66.
COPYRIGHT VIOLATION WARNING: “Deutsche Strategic Income Trust Announces Monthly Dividend of $0.04 (KST)” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.com-unik.info/2018/01/11/deutsche-strategic-income-trust-announces-monthly-dividend-of-0-04-kst.html.
Deutsche Strategic Income Trust (the Fund) is a closed-end, diversified management investment company. The Fund’s investment objective is to provide high current income. The Fund seeks to achieve its objective by investing its assets in a combination of lower-rated corporate fixed-income securities, fixed-income securities of emerging markets and other foreign issuers, and fixed-income securities of the United States government and its agencies and instrumentalities, and mortgage-backed issuers.
Receive News & Ratings for Deutsche Strategic Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Strategic Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.