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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.1257 per share by the investment management company on Wednesday, April 30th. This represents a $1.51 annualized dividend and a dividend yield of 9.70%. The ex-dividend date is Tuesday, April 15th.

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

GBAB opened at $15.55 on Thursday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.85 and a 12 month high of $18.53. The stock’s 50 day moving average price is $15.60 and its 200 day moving average price is $15.99.

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.