Great Elm Capital Corp. 8.50% NOTES DUE 2029 (NASDAQ:GECCI) Announces Quarterly Dividend of $0.53

Great Elm Capital Corp. 8.50% NOTES DUE 2029 (NASDAQ:GECCI) declared a quarterly dividend on Saturday, November 14th. Shareholders of record on Monday, March 15th will be paid a dividend of $0.5312 per share on Wednesday, March 31st. This represents a $2.12 annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Monday, March 15th. This is a 1.1% decrease from Great Elm Capital Corp. 8.50% NOTES DUE 2029’s previous quarterly dividend of $0.5372.

Great Elm Capital Corp. 8.50% NOTES DUE 2029 Trading Up 0.0%

Shares of NASDAQ GECCI traded up $0.01 during midday trading on Friday, hitting $25.18. The company’s stock had a trading volume of 831 shares, compared to its average volume of 3,120. The business’s 50 day moving average is $25.12 and its two-hundred day moving average is $25.25. Great Elm Capital Corp. 8.50% NOTES DUE 2029 has a 12-month low of $24.95 and a 12-month high of $27.35.

Great Elm Capital Corp. is a business development company (BDC) that invests in middle-market businesses, primarily through privately negotiated financing. Its investment portfolio may include debt and equity securities, with an emphasis on providing capital to companies that may have limited access to traditional financing. The company focuses mainly on U.S. businesses and is externally managed by Great Elm Capital Management, an investment adviser. Its activities include evaluating investment opportunities, structuring financings and managing portfolio investments.