Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) Plans Dividend Increase – $0.37 Per Share

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) announced a quarterly dividend on Saturday, November 15th. Investors of record on Monday, December 15th will be given a dividend of 0.3713 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, December 15th. This is a 1.1% increase from Great Elm Capital Corp. 5.875% Notes due 2026’s previous quarterly dividend of $0.37.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Up 0.1%

NASDAQ:GECCO traded up $0.03 during mid-day trading on Friday, reaching $25.28. The company’s stock had a trading volume of 1,113 shares, compared to its average volume of 2,021. Great Elm Capital Corp. 5.875% Notes due 2026 has a 1 year low of $24.26 and a 1 year high of $27.19. The stock has a fifty day moving average of $25.14 and a 200-day moving average of $25.17.

Great Elm Capital Corp. 5.875% Notes due 2026 Company Profile

Great Elm Capital Corp. is an externally managed, specialty finance company focused on investing in debt instruments of middle market companies. GECC elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. GECC seeks to generate attractive, risk-adjusted returns through both current income and capital appreciation.