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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, November 29th. This represents a $1.51 annualized dividend and a yield of 9.45%. The ex-dividend date of this dividend is Friday, November 15th.

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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock remained flat at $15.97 during trading on Thursday. 10,934 shares of the stock traded hands, compared to its average volume of 79,796. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a fifty-two week low of $15.11 and a fifty-two week high of $18.52. The company has a 50 day moving average of $17.17 and a two-hundred day moving average of $16.71.

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.