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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.1257 per share by the investment management company on Wednesday, July 31st. This represents a $1.51 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date of this dividend is Monday, July 15th.

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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Price Performance

NYSE GBAB traded up $0.09 during trading on Tuesday, reaching $15.80. The company’s stock had a trading volume of 59,997 shares, compared to its average volume of 63,552. The firm has a fifty day moving average of $16.00 and a 200 day moving average of $16.26. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.22 and a one year high of $17.14.

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.