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.
ILLEGAL ACTIVITY NOTICE: This report was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/11/25/guggenheim-taxabl-mncpl-mngd-drtn-trst-gbab-to-issue-0-13-monthly-dividend.html.
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).
Receive News & Ratings for Guggenheim Taxabl Mncpl Mngd Drtn Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guggenheim Taxabl Mncpl Mngd Drtn Trst and related companies with MarketBeat.com's FREE daily email newsletter.