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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.

201120142017202020232025
Peak $1.66 in 2014Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for GBAB, most recent first.
Ex-dividend datePay dateAmountType
$0.1257Monthly
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How much would GBAB pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate GBAB dividend income →

GBAB appears in

Closest to GBAB on yield.

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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.