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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid 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 dividend 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 by an average of 3.9% annually over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Trading Up 1.4 %

NYSE:GBAB traded up $0.22 during mid-day trading on Friday, reaching $15.50. The stock had a trading volume of 167,656 shares, compared to its average volume of 120,028. The business’s 50 day moving average is $15.78 and its 200 day moving average is $16.58. 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.

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.