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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1257 per share by the investment management company on Friday, January 31st. This represents a $1.51 annualized dividend and a yield of 9.73%. The ex-dividend date of this dividend is Wednesday, January 15th.

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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

NYSE:GBAB traded up $0.22 on Friday, hitting $15.50. 167,657 shares of the stock were exchanged, compared to its average volume of 120,029. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 52 week low of $14.85 and a 52 week high of $18.52. The company’s 50-day moving average price is $15.78 and its 200 day moving average price is $16.58.

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.