Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) To Go Ex-Dividend on October 15th

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.1257 per share by the investment management company on Thursday, October 31st. This represents a $1.51 dividend on an annualized basis and a yield of 8.98%. The ex-dividend date is Tuesday, October 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 Price Performance

Shares of GBAB stock opened at $16.80 on Friday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 1 year low of $14.22 and a 1 year high of $18.52. The firm has a fifty day moving average price of $17.64 and a 200-day moving average price of $16.62.

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.