GBAB Dividend
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
NYSEFinancial ServicesStockData as of
- Dividend yield
- 11.89%
- Annual dividend
- $1.51
- Payout ratio
- 1.24
- Frequency
- Monthly
- Share price
- $12.69
- Market cap
- $339M
Is GBAB a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 11.89%, the yield is more than three times the median of 2.97% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Paying out more than it earnsA payout ratio of 1.24 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
- Dividend has been cut 2 timesAcross 15 complete years, the annual total fell in 2015, 2017. The most recent reduction was in 2017.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
GBAB dividend history
Annual dividend per share, 2011 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.1257 | Monthly | ||
| $0.1257 | Monthly | ||
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| $0.1257 | Monthly | ||
| $0.1257 | Monthly | ||
| $0.1257 | Monthly |
How much would GBAB pay you?
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Calculate GBAB dividend income →GBAB appears in
Other financial services dividend stocks
Closest to GBAB on yield.
- AVKAdvent Convertible and Income Fund11.98%
- GLOClough Global Opportunities Fund11.80%
- BLWBlackRock Limited Duration Income Trust11.73%
- ARDCAres Dynamic Credit Allocation Fund, Inc.11.73%
- AGDabrdn Global Dynamic Dividend Fund12.06%
- EMDWestern Asset Emerging Markets Debt Fund Inc.12.06%
- BBDCBarings BDC, Inc.12.06%
- HYTBlackRock Corporate High Yield Fund, Inc.12.08%
Frequently asked questions
- Does GBAB pay a dividend?
- Yes. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust pays a monthly dividend, currently yielding 11.89% based on trailing twelve-month payments of $1.51 per share.
- How much does GBAB pay in dividends?
- $1.51 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next GBAB ex-dividend date?
- No upcoming ex-dividend date is currently on record for GBAB. Dates appear here once the company declares them.