Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBABFinancial Services · Stock · monthly payer
$14.08
Add to PortfolioForward Yield
9.99%
Annual Dividend
$1.41
Payout Ratio
152%
5-Yr Growth
0.0%
Ex-Date
Jun 15, 2026
Frequency
Monthly
GBAB Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak8 consecutive years of growth
Cut historyCut its dividend in 2017
Earnings payout coverage152% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GBAB a good dividend stock?
Yes, with caveatsGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) pays a monthly dividend yielding 9.99% ($1.41/yr), with 8 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2017
- Elevated payout ratio (152%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.99%
- Payout Ratio
- 152%
- Annual Dividend
- $1.41
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 8
- Frequency
- monthly
- Beta
- —
- Market Cap
- $389.8M
- P/E Ratio
- 14.2
- 5-Yr Total Return
- -43%
- 52-Week Range
- $13.51 – $15.94
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1260 | regular |
| Apr 15, 2026 | — | $0.1260 | regular |
| Mar 13, 2026 | — | $0.1260 | regular |
| Feb 13, 2026 | — | $0.1260 | regular |
| Jan 15, 2026 | — | $0.1260 | regular |
| Dec 15, 2025 | — | $0.1260 | regular |
| Nov 14, 2025 | — | $0.1260 | regular |
| Oct 15, 2025 | — | $0.1260 | regular |
| Sep 15, 2025 | — | $0.1260 | regular |
| Aug 15, 2025 | — | $0.1260 | regular |
| Jul 15, 2025 | — | $0.1260 | regular |
| Jun 13, 2025 | — | $0.1260 | regular |
| May 15, 2025 | — | $0.1260 | regular |
| Apr 15, 2025 | — | $0.1260 | regular |
Income Calculator
At $1.41 / yr per share
Per payment (monthly)$11.75
Annual$141.00
Monthly avg$11.75
