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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.1257 per share by the investment management company on Wednesday, July 31st. This represents a $1.51 annualized dividend and a dividend yield of 9.55%. The ex-dividend date is Monday, July 15th.

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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Up 0.5 %

Shares of NYSE GBAB opened at $15.80 on Wednesday. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12 month low of $14.22 and a 12 month high of $17.14. The business has a fifty day simple moving average of $16.00 and a 200-day simple moving average of $16.25.

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.