Guggenheim Credit Allocation Fund (NYSE:GGM) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.1813 per share on Wednesday, February 28th. This represents a $2.18 dividend on an annualized basis and a yield of 9.62%. The ex-dividend date of this dividend is Wednesday, February 14th.

Guggenheim Credit Allocation Fund has increased its dividend by an average of 1.7% per year over the last three years.

Guggenheim Credit Allocation Fund (NYSE GGM) opened at $22.61 on Tuesday. Guggenheim Credit Allocation Fund has a twelve month low of $21.65 and a twelve month high of $24.03.

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Guggenheim Credit Allocation Fund Company Profile

Guggenheim Credit Allocation Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to seek total return through a combination of current income and capital appreciation. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities, debt securities, loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans.

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

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