Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) Plans $0.13 Monthly Dividend

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) declared a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Wednesday, November 15th will be paid a dividend of 0.126 per share by the investment management company on Thursday, November 30th. This represents a $1.51 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date of this dividend is Tuesday, November 14th.

Guggenheim Taxabl Mncpl Mngd Drtn Trst has decreased its dividend payment by an average of 0.8% per year over the last three years.

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE GBAB) opened at $22.36 on Friday. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a 1-year low of $20.76 and a 1-year high of $23.32.

In related news, insider Anne Bookwalter Walsh bought 3,000 shares of Guggenheim Taxabl Mncpl Mngd Drtn Trst stock in a transaction on Monday, September 18th. The shares were purchased at an average price of $23.00 per share, for a total transaction of $69,000.00. Following the completion of the acquisition, the insider now owns 11,000 shares in the company, valued at $253,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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About Guggenheim Taxabl Mncpl Mngd Drtn Trst

Guggenheim Taxable Municipal Managed Duration Trust, formerly Guggenheim Build America Bonds Managed Duration Trust, is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income with a secondary objective of long-term capital appreciation. Under normal market conditions, the Trust will invest approximately 80% of its managed assets in taxable municipal securities, including Build America Bonds (BABs).

Dividend History for Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB)

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