Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) to Issue $0.13 Monthly Dividend

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 13th will be paid a dividend of 0.1257 per share by the investment management company on Monday, September 30th. This represents a $1.51 annualized dividend and a yield of 8.25%. The ex-dividend date of this dividend is Friday, September 13th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has increased its dividend by an average of 3.9% per year over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Down 0.1 %

GBAB traded down $0.01 during midday trading on Thursday, hitting $18.29. The stock had a trading volume of 2,953 shares, compared to its average volume of 74,908. The business has a fifty day moving average of $17.09 and a 200 day moving average of $16.46. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.22 and a 1 year high of $18.52.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Company Profile

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a closed ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Guggenheim Funds Investment Advisors, LLC and Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States.