Great Elm Group, Inc. 7.25% Notes due 2027 (GEGGL) To Go Ex-Dividend on June 15th

Great Elm Group, Inc. 7.25% Notes due 2027 (NASDAQ:GEGGL) announced a quarterly dividend on Friday, January 1st, Wall Street Journal reports. Shareholders of record on Monday, June 15th will be paid a dividend of 0.4531 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Monday, June 15th. This is a 1.1% increase from Great Elm Group, Inc. 7.25% Notes due 2027’s previous quarterly dividend of $0.45.

Great Elm Group, Inc. 7.25% Notes due 2027 Stock Performance

Shares of NASDAQ:GEGGL opened at $24.95 on Friday. The firm’s 50 day moving average is $24.57 and its two-hundred day moving average is $24.59. Great Elm Group, Inc. 7.25% Notes due 2027 has a 52 week low of $21.55 and a 52 week high of $26.00.

About Great Elm Group, Inc. 7.25% Notes due 2027

Great Elm Group, Inc is a U.S.-based private equity firm and business consolidator focused on acquiring and growing lower middle-market companies. Through its holding company structure, Great Elm Group invests equity capital alongside management teams in established businesses across diverse industries, including business services, healthcare and wellness, industrial services, and consumer products. The company’s disciplined investment approach emphasizes cash-flow stability, operational improvement, and strategic add-on acquisitions.

In June 2022, Great Elm Group, Inc completed the issuance of its 7.25% Notes due 2027 (NASDAQ: GEGGL), a series of senior unsecured notes that bear interest at a fixed rate payable semiannually and mature in 2027.