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 Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1257 per share by the investment management company on Friday, November 29th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.47%. The ex-dividend date is Friday, November 15th.

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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock traded up $0.05 during mid-day trading on Wednesday, hitting $15.94. 125,200 shares of the company’s stock were exchanged, compared to its average volume of 80,069. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a fifty-two week low of $15.04 and a fifty-two week high of $18.52. The company’s 50 day simple moving average is $17.21 and its 200-day simple moving average is $16.71.

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.