Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, January 12th will be given a dividend of 0.1257 per share by the investment management company on Wednesday, January 31st. This represents a $1.51 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date is Thursday, January 11th.

Guggenheim Taxabl Mncpl Mngd Drtn Trst has decreased its dividend payment by an average of 3.1% per year over the last three years.

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) traded up $0.10 during trading hours on Wednesday, reaching $22.77. The company’s stock had a trading volume of 43,096 shares, compared to its average volume of 35,250. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a one year low of $21.28 and a one year high of $23.32.

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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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