Guggenheim Credit Allocation Fund (GGM) To Go Ex-Dividend on February 14th

Guggenheim Credit Allocation Fund (NYSE:GGM) announced a monthly dividend on Monday, February 4th, Wall Street Journal reports. Shareholders of record on Friday, February 15th will be given a dividend of 0.1813 per share on Thursday, February 28th. This represents a $2.18 dividend on an annualized basis and a yield of 10.66%. The ex-dividend date of this dividend is Thursday, February 14th. This is an increase from Guggenheim Credit Allocation Fund’s previous monthly dividend of $0.18.

Guggenheim Credit Allocation Fund has raised its dividend by an average of 2.9% annually over the last three years.

GGM stock opened at $20.40 on Friday. Guggenheim Credit Allocation Fund has a one year low of $17.00 and a one year high of $23.04.

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About Guggenheim Credit Allocation Fund

Guggenheim Credit Allocation Fund is a closed ended fixed income mutual fund launched and managed by Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund invests in credit securities that include debt securities and loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans.

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Dividend History for Guggenheim Credit Allocation Fund (NYSE:GGM)

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