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 Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.1257 per share by the investment management company on Friday, February 28th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.62%. The ex-dividend date is Friday, February 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 0.1 %

Shares of GBAB stock traded up $0.01 on Tuesday, hitting $15.68. The company’s stock had a trading volume of 77,233 shares, compared to its average volume of 100,492. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a fifty-two week low of $14.85 and a fifty-two week high of $18.52. The stock’s 50 day moving average is $15.52 and its 200-day moving average is $16.51.

About Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

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.