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

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1257 per share by the investment management company on Friday, January 31st. This represents a $1.51 annualized dividend and a dividend yield of 9.73%. The ex-dividend date of this dividend is Wednesday, January 15th.

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has raised 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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock traded up $0.22 during trading on Friday, reaching $15.50. The company’s stock had a trading volume of 167,657 shares, compared to its average volume of 120,029. The stock has a 50-day moving average price of $15.78 and a two-hundred day moving average price of $16.58. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a one year low of $14.85 and a one year high of $18.52.

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.