Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Stockholders of record on Wednesday, November 15th will be given 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 dividend yield of 6.72%. The ex-dividend date is Tuesday, November 14th.

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

Guggenheim Taxabl Mncpl Mngd Drtn Trst (NYSE:GBAB) traded down $0.02 during mid-day trading on Monday, hitting $22.51. 56,600 shares of the stock were exchanged, compared to its average volume of 39,119. Guggenheim Taxabl Mncpl Mngd Drtn Trst has a twelve month low of $20.05 and a twelve month high of $23.32.

In related news, insider Anne Bookwalter Walsh bought 3,000 shares of the business’s stock in a transaction on Monday, September 18th. The shares were bought at an average cost of $23.00 per share, for a total transaction of $69,000.00. Following the completion of the purchase, the insider now owns 11,000 shares of the company’s stock, valued at approximately $253,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

COPYRIGHT VIOLATION NOTICE: “Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB) to Issue Monthly Dividend of $0.13 on November 30th” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this news story on another domain, it was copied illegally and republished in violation of US and international copyright law. The legal version of this news story can be accessed at

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)

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 Analyst Ratings Network's FREE daily email newsletter.