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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1257 per share by the investment management company on Monday, March 31st. This represents a $1.51 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date of this dividend is Friday, March 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has decreased its dividend payment by an average of 1.2% per year over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of GBAB stock traded down $0.11 during trading hours on Tuesday, reaching $15.79. The company had a trading volume of 79,388 shares, compared to its average volume of 100,136. The business has a fifty day moving average price of $15.53 and a 200-day moving average price of $16.34. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.85 and a one year high of $18.53.

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.