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

Great Elm Capital Corp. 5.875% Notes due 2026 (NASDAQ:GECCO) announced a quarterly dividend on Friday, December 6th,Wall Street Journal reports. Shareholders of record on Monday, June 15th will be given a dividend of 0.3672 per share on Tuesday, June 30th. This represents a $1.47 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Monday, June 15th. This is a boost from Great Elm Capital Corp. 5.875% Notes due 2026’s previous quarterly dividend of $0.36.

Great Elm Capital Corp. 5.875% Notes due 2026 Stock Up 0.2 %

NASDAQ:GECCO opened at $24.86 on Friday. Great Elm Capital Corp. 5.875% Notes due 2026 has a 52 week low of $23.71 and a 52 week high of $25.24. The firm’s fifty day moving average is $24.79 and its 200-day moving average is $24.70.

About Great Elm Capital Corp. 5.875% Notes due 2026

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.