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Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) 3-Year Dividend Growth Rate : 0.00% (As of Nov. 2023)


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What is Guggenheim Taxable Municipal Managed Duration Trust 3-Year Dividend Growth Rate?

Guggenheim Taxable Municipal Managed Duration Trust's Dividends per Share for the six months ended in Nov. 2023 was $0.75.

The historical rank and industry rank for Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate or its related term are showing as below:

GBAB's 3-Year Dividend Growth Rate is not ranked *
in the Asset Management industry.
Industry Median: 1.9
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Guggenheim Taxable Municipal Managed Duration Trust's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.00. As of today, Guggenheim Taxable Municipal Managed Duration Trust's Dividend Yield % is 9.42%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guggenheim Taxable Municipal Managed Duration Trust is 3.57, which seems too high.

Good Sign:

Guggenheim Taxable Municipal Managed Duration Trust stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Guggenheim Taxable Municipal Managed Duration Trust's 3-Year Dividend Growth Rate falls into.



Guggenheim Taxable Municipal Managed Duration Trust 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Guggenheim Taxable Municipal Managed Duration Trust  (NYSE:GBAB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Guggenheim Taxable Municipal Managed Duration Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2023 )/ EPS without NRI (Q: Nov. 2023 )
=0.754/ -0.03
=N/A

During the past 6 years, the highest Dividend Payout Ratio of Guggenheim Taxable Municipal Managed Duration Trust was 3.57. The lowest was 0.68. And the median was 1.33.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Guggenheim Taxable Municipal Managed Duration Trust is 3.57, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Guggenheim Taxable Municipal Managed Duration Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1257302024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302024-03-142024-03-152024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1257302023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Guggenheim Taxable Municipal Managed Duration Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.50876/16.02
=9.42 %

Current Share Price is $16.02.
Guggenheim Taxable Municipal Managed Duration Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.50876.

During the past 6 years, the highest Dividend Yield of Guggenheim Taxable Municipal Managed Duration Trust was 10.41%. The lowest was 5.90%. And the median was 6.86%.

Good Sign:

Guggenheim Taxable Municipal Managed Duration Trust stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Guggenheim Taxable Municipal Managed Duration Trust 3-Year Dividend Growth Rate Related Terms>


Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe, Chicago, IL, USA, 60606
Guggenheim Taxable Municipal Managed Duration Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund.
Executives
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Chubb Donald A. Jr. director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Anne Bookwalter Walsh other: Managing Director 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606

Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Headlines