GBAB Dividend
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
NYSEFinancial ServicesStockData as of
- Dividend yield
- 11.52%
- Annual dividend
- $1.51
- Payout ratio
- 1.24
- Frequency
- Monthly
- Share price
- $13.10
- Market cap
- $363M
Next payment
Ex-dividend date: Pay date: Amount: $0.1257
You must own the shares before the ex-dividend date to receive this payment.
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 11.52%, the yield is more than three times the median of 2.81% 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 |
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.
- IAFAbrdn Australia Equity Fund Inc11.52%
- HTGCHercules Capital, Inc.11.48%
- BLWBlackRock Limited Duration Income Trust11.48%
- FINSAngel Oak Financial Strategies Income Term Trust11.48%
- BGHBarings Global Short Duration High Yield Fund11.47%
- RABrookfield Real Assets Income11.57%
- GLQClough Global Equity Fund11.45%
- FTHYFirst Trust High Yield Opportunities 2027 Term Fund11.45%
Frequently asked questions
- Does GBAB pay a dividend?
- Yes. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust pays a monthly dividend, currently yielding 11.52% 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?
- The next ex-dividend date on record is November 13, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.