Great Elm Cap C (GECC) Announces $0.08 Monthly Dividend
Great Elm Cap C (NASDAQ:GECC) announced a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.083 per share by the financial services provider on Friday, December 15th. This represents a $1.00 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Wednesday, November 29th.
Great Elm Cap C (GECC) traded down 0.64% during mid-day trading on Tuesday, hitting $10.77. The stock had a trading volume of 16,366 shares. The company has a 50-day moving average of $10.69 and a 200-day moving average of $10.90. Great Elm Cap C has a 12-month low of $10.25 and a 12-month high of $12.37.
Great Elm Cap C (NASDAQ:GECC) last posted its quarterly earnings results on Monday, August 14th. The financial services provider reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.09. The firm had revenue of $6.24 million during the quarter, compared to analyst estimates of $5.20 million.
A number of equities analysts have issued reports on GECC shares. Oppenheimer Holdings, Inc. started coverage on shares of Great Elm Cap C in a report on Wednesday, June 28th. They issued an “outperform” rating and a $14.00 target price on the stock. CIBC started coverage on shares of Great Elm Cap C in a report on Wednesday, June 28th. They issued an “outperform” rating and a $14.00 target price on the stock.
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