Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.1257 per share by the investment management company on Monday, December 31st. This represents a $1.51 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Thursday, December 13th.
Guggenheim Taxabl Mncpl Mngd Drtn Trst has decreased its dividend by an average of 3.1% annually over the last three years.
Guggenheim Taxabl Mncpl Mngd Drtn Trst stock opened at $21.60 on Friday. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a 1 year low of $19.91 and a 1 year high of $23.12.
Guggenheim Taxabl Mncpl Mngd Drtn Trst Company Profile
Guggenheim Taxable Municipal Managed Duration 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.
Further Reading: Cash Flow
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