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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Thursday, August 1st, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, August 30th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date of this dividend is Thursday, August 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 Stock Performance

Shares of NYSE GBAB opened at $16.96 on Friday. The business has a fifty day simple moving average of $16.17 and a 200 day simple moving average of $16.22. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.22 and a one year high of $17.14.

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.