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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.1257 per share by the investment management company on Monday, March 31st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 9.56%. The ex-dividend date is Friday, March 14th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has decreased its dividend by an average of 1.2% annually over the last three years.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Stock Performance

Shares of GBAB traded down $0.11 on Tuesday, reaching $15.79. The company’s stock had a trading volume of 79,388 shares, compared to its average volume of 100,136. The stock’s 50 day simple moving average is $15.53 and its two-hundred day simple moving average is $16.34. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a 12-month low of $14.85 and a 12-month high of $18.53.

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.